Cellcom Israel Ltd. (NYSE:CEL) has been assigned an average broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.
Zacks has also given Cellcom Israel an industry rank of 72 out of 265 based on the ratings given to its competitors.
Separately, ValuEngine raised shares of Cellcom Israel from a “hold” rating to a “buy” rating in a report on Tuesday.
Shares of Cellcom Israel (CEL) traded down $0.21 during midday trading on Friday, reaching $7.47. 633,268 shares of the company were exchanged, compared to its average volume of 26,897. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.44 and a quick ratio of 1.41. The stock has a market capitalization of $777.62, a P/E ratio of 22.42 and a beta of 2.04. Cellcom Israel has a 12-month low of $7.33 and a 12-month high of $10.77.
Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Cellcom Israel by 8.7% during the second quarter. Vanguard Group Inc. now owns 1,016,527 shares of the technology company’s stock valued at $9,800,000 after purchasing an additional 81,105 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Cellcom Israel during the fourth quarter valued at $2,234,000. Sphera Funds Management LTD. purchased a new position in Cellcom Israel during the third quarter valued at $14,301,000. ARK Investment Management LLC purchased a new position in Cellcom Israel during the fourth quarter valued at $272,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Cellcom Israel by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 78,732 shares of the technology company’s stock valued at $759,000 after purchasing an additional 3,102 shares in the last quarter. 10.38% of the stock is currently owned by institutional investors and hedge funds.
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About Cellcom Israel
Cellcom Israel Ltd. is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services.
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