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

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $11.1435, but opened at $9.50. Cellcom Israel shares last traded at $9.50, with a volume of 500 shares.

Cellcom Israel Trading Down 14.7%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.68 and a quick ratio of 0.63. The firm has a fifty day simple moving average of $11.43 and a two-hundred day simple moving average of $10.94. The firm has a market capitalization of $1.55 billion, a P/E ratio of 22.62 and a beta of 0.94.

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

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.