Cellcom Israel (OTCMKTS:CELJF) Cut to “Strong Sell” at Barclays

Cellcom Israel (OTCMKTS:CELJF) was downgraded by Barclays from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

Cellcom Israel Trading Down 10.0 %

Shares of Cellcom Israel stock opened at $6.12 on Tuesday. Cellcom Israel has a 52 week low of $3.10 and a 52 week high of $7.10. The stock has a 50 day moving average price of $5.82 and a two-hundred day moving average price of $4.79. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.77 and a quick ratio of 0.71.

About Cellcom Israel

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.