Cellcom Israel (OTCMKTS:CELJF) Hits New 12-Month High – Here’s What Happened

Cellcom Israel Ltd. (OTCMKTS:CELJF) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $7.49 and last traded at $6.97, with a volume of 200 shares. The stock had previously closed at $7.00.

Analyst Ratings Changes

Separately, Barclays downgraded shares of Cellcom Israel from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 28th.

Cellcom Israel Price Performance

The firm has a 50 day moving average of $6.06 and a two-hundred day moving average of $4.94. The company has a market cap of $1.14 billion, a PE ratio of 29.04 and a beta of 1.00. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 0.52.

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.