B Communications Ltd. (OTCMKTS:BCOMF – Get Free Report) reached a new 52-week high on Friday . The company traded as high as $7.90 and last traded at $7.88, with a volume of 1146 shares changing hands. The stock had previously closed at $7.50.
B Communications Stock Up 5.1%
The company has a quick ratio of 0.98, a current ratio of 1.01 and a debt-to-equity ratio of 1.74. The stock has a 50 day simple moving average of $7.47 and a 200 day simple moving average of $6.99. The stock has a market cap of $820.78 million, a price-to-earnings ratio of 10.51 and a beta of 1.47.
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.
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