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

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF) gapped up before the market opened on Monday . The stock had previously closed at $9.00, but opened at $11.00. Cellcom Israel shares last traded at $11.00, with a volume of 709 shares trading hands.

Cellcom Israel Trading Up 8.9%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.68 and a quick ratio of 0.63. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 26.19 and a beta of 0.94. The business’s fifty day moving average price is $11.46 and its 200 day moving average price is $10.92.

Cellcom Israel (OTCMKTS:CELJF) last posted its quarterly earnings data on Monday, January 12th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $307.28 million during 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.