Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – Should You Sell?

Cellcom Israel, Ltd. (OTCMKTS:CELJF) shares gapped down prior to trading on Friday . The stock had previously closed at $11.7520, but opened at $11.00. Cellcom Israel shares last traded at $11.00, with a volume of 101 shares trading hands.

Cellcom Israel Price Performance

The company has a market cap of $1.80 billion, a P/E ratio of 26.19 and a beta of 0.92. The company’s 50-day moving average price is $11.72 and its two-hundred day moving average price is $10.62. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35.

Cellcom Israel (OTCMKTS:CELJF) last posted its quarterly earnings results on Monday, January 12th. The company reported $0.13 EPS for the quarter. The business had revenue of $307.28 million during the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country’s most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company’s core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.