Cellcom Israel (OTCMKTS:CELJF) Trading Up 10.3% – Still a Buy?

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF) shot up 10.3% during mid-day trading on Tuesday . The company traded as high as $11.1435 and last traded at $11.1435. 131 shares were traded during trading, a decline of 91% from the average session volume of 1,519 shares. The stock had previously closed at $10.10.

Cellcom Israel Trading Up 1.3%

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 fifty day simple moving average of $11.44 and a 200 day simple moving average of $10.93. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 26.53 and a beta of 0.94.

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. The business had revenue of $307.28 million for the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.

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.