Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Time to Buy?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $9.00, but opened at $11.00. Cellcom Israel shares last traded at $11.00, with a volume of 709 shares changing hands.

Cellcom Israel Trading Up 8.9%

The stock has a market cap of $1.80 billion, a P/E ratio of 26.19 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68. The firm’s fifty day simple moving average is $11.46 and its 200-day simple moving average is $10.92.

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

About Cellcom Israel

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.