Cellcom Israel (OTCMKTS:CELJF) Trading Down 20.1% – Here’s Why

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price fell 20.1% during mid-day trading on Monday . The stock traded as low as $9.18 and last traded at $9.18. 200 shares changed hands during trading, a decline of 89% from the average session volume of 1,754 shares. The stock had previously closed at $11.4833.

Cellcom Israel Stock Down 12.2%

The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.50 billion, a PE ratio of 24.16 and a beta of 0.95. The business’s 50-day simple moving average is $10.81 and its 200 day simple moving average is $9.46.

Cellcom Israel (OTCMKTS:CELJF) last released its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $311.45 million for the quarter. Cellcom Israel had a net margin of 5.40% and a return on equity of 9.56%.

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.