Internet Gold Golden Lines (IGLD) Sets New 52-Week Low at $0.41

Shares of Internet Gold Golden Lines Ltd (NASDAQ:IGLD) hit a new 52-week low on Monday . The stock traded as low as $0.41 and last traded at $0.41, with a volume of 25143 shares. The stock had previously closed at $0.43.

The company has a debt-to-equity ratio of 204.71, a quick ratio of 0.66 and a current ratio of 0.68.

Internet Gold Golden Lines (NASDAQ:IGLD) last issued its quarterly earnings data on Thursday, March 28th. The technology company reported ($6.30) earnings per share for the quarter. Internet Gold Golden Lines had a negative return on equity of 40.16% and a negative net margin of 7.99%. The business had revenue of $558.00 million during the quarter.

An institutional investor recently raised its position in Internet Gold Golden Lines stock. Altshuler Shaham Ltd grew its position in Internet Gold Golden Lines Ltd (NASDAQ:IGLD) by 496.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,152,473 shares of the technology company’s stock after buying an additional 2,623,817 shares during the quarter. Altshuler Shaham Ltd’s holdings in Internet Gold Golden Lines were worth $1,775,000 as of its most recent SEC filing.

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Internet Gold Golden Lines Company Profile (NASDAQ:IGLD)

Internet Gold – Golden Lines Ltd. provides various telecommunications services in Israel. The company offers domestic fixed-line, cellular, and international communication services; Internet services; and multi-channel television, television and radio broadcasting, satellite broadcasting, and customer call center services.

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