B Communications (OTCMKTS:BCOMF) Shares Gap Up – Here’s Why

B Communications Ltd. (OTCMKTS:BCOMFGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $8.75, but opened at $10.00. B Communications shares last traded at $10.00, with a volume of 657 shares trading hands.

B Communications Stock Performance

The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.91 and a current ratio of 0.93. The stock has a market cap of $1.04 billion, a PE ratio of 13.33 and a beta of 1.47. The firm has a fifty day moving average price of $8.88 and a 200 day moving average price of $7.70.

B Communications Company Profile

(Get Free Report)

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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