Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – What’s Next?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $11.7520, but opened at $11.00. Cellcom Israel shares last traded at $11.00, with a volume of 101 shares changing hands.

Cellcom Israel Trading Down 6.4%

The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 26.19 and a beta of 0.92. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $11.72 and a 200-day moving average price of $10.62.

Cellcom Israel (OTCMKTS:CELJF) last released its quarterly earnings results on Monday, January 12th. The company reported $0.13 earnings per share for the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.The firm had revenue of $307.28 million during 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.