Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Here’s What Happened

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $11.63, but opened at $12.1930. Cellcom Israel shares last traded at $12.1930, with a volume of 100 shares traded.

Cellcom Israel Stock Up 4.8%

The firm’s fifty day moving average price is $11.20 and its 200-day moving average price is $10.99. The stock has a market cap of $1.99 billion, a P/E ratio of 29.03 and a beta of 0.92.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include mobile voice and data services, wireless communications, fixed-line telephony, broadband internet and television services.

The company also provides international communications, data connectivity, information technology and other business communications solutions. Through its service portfolio and network infrastructure, Cellcom supports residential customers, enterprises and public-sector organizations across Israel.

Cellcom Israel was established in 1994 and has developed from a mobile operator into a broader communications provider.