Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – Time to Sell?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price gapped down before the market opened on Friday . The stock had previously closed at $11.4833, but opened at $10.4544. Cellcom Israel shares last traded at $10.4544, with a volume of 300 shares traded.

Cellcom Israel Trading Down 9.0%

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.65 and a current ratio of 0.70. The firm has a market capitalization of $1.71 billion, a P/E ratio of 27.51 and a beta of 0.95. The firm has a 50 day simple moving average of $10.81 and a two-hundred day simple moving average of $9.40.

Cellcom Israel (OTCMKTS:CELJF) last released its quarterly earnings results on Wednesday, October 15th. The company reported $0.11 earnings per share for the quarter. Cellcom Israel had a net margin of 5.40% and a return on equity of 9.56%. The business had revenue of $311.45 million for the quarter.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country’s most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company’s core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.