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

Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $10.20, but opened at $11.10. Cellcom Israel shares last traded at $11.10, with a volume of 1,295 shares.

Cellcom Israel Price Performance

The business’s 50 day simple moving average is $10.52 and its 200 day simple moving average is $11.01. The stock has a market cap of $1.81 billion, a P/E ratio of 26.43 and a beta of 0.89.

Hedge Funds Weigh In On Cellcom Israel

A hedge fund recently bought a new position in Cellcom Israel stock. AWM Investment Company Inc. purchased a new stake in Cellcom Israel, Ltd. (OTCMKTS:CELJFFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 624,700 shares of the company’s stock, valued at approximately $5,529,000. AWM Investment Company Inc. owned approximately 0.38% of Cellcom Israel at the end of the most recent reporting period.

About Cellcom Israel

(Get Free Report)

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.

Further Reading

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