B Communications (OTCMKTS:BCOMF) Stock Price Up 7.5% – Should You Buy?

B Communications Ltd. (OTCMKTS:BCOMF) shares shot up 7.5% during trading on Tuesday . The stock traded as high as $4.30 and last traded at $4.30. 100 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 61 shares. The stock had previously closed at $4.00.

B Communications Stock Performance

The stock’s 50 day moving average is $6.57 and its two-hundred day moving average is $7.11. The stock has a market capitalization of $448.36 million, a price-to-earnings ratio of 0.80 and a beta of 1.60. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 1.16.

B Communications (OTCMKTS:BCOMF) last released its quarterly earnings results on Tuesday, March 17th. The company reported $1.28 earnings per share (EPS) for the quarter. The firm had revenue of $672.19 million for the quarter. B Communications had a return on equity of 23.56% and a net margin of 24.55%.

About B Communications

B Communications Ltd is an Israel‐based holding company whose principal asset is its controlling equity interest in Bezeq The Israel Telecommunication Corporation Ltd, the country’s largest integrated telecommunications provider. B Communications itself does not operate telecom services directly but derives its revenues and strategic direction from its stake in Bezeq, which offers a full suite of communications services across Israel.

Through Bezeq and its subsidiaries, B Communications benefits from operations in fixed-line telephony, broadband internet access, cellular mobile services, international communications and pay-TV broadcasting.