Shares of B Communications Ltd. (OTCMKTS:BCOMF – Get Free Report) shot up 34.6% on Tuesday . The stock traded as high as $13.80 and last traded at $13.80. 201 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 7,500 shares. The stock had previously closed at $10.25.
B Communications Stock Performance
The firm has a market capitalization of $1.44 billion, a P/E ratio of 18.40 and a beta of 1.47. The stock has a fifty day simple moving average of $7.66 and a two-hundred day simple moving average of $7.10. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.01 and a quick ratio of 0.98.
B Communications Company Profile
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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