Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Still a Buy?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price gapped up prior to trading 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 trading hands.

Cellcom Israel Stock Up 1.3%

The business’s 50 day simple moving average is $11.43 and its 200-day simple moving average is $10.94. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 26.53 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.

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