Cellcom Israel (OTCMKTS:CELJF) Sees Large Volume Increase – Time to Buy?

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 2,304 shares were traded during trading, an increase of 84% from the previous session’s volume of 1,250 shares.The stock last traded at $11.60 and had previously closed at $11.46.

Cellcom Israel Price Performance

The company has a market cap of $1.90 billion, a price-to-earnings ratio of 27.62 and a beta of 0.86. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35. The firm’s fifty day moving average price is $11.17 and its 200-day moving average price is $11.36.

About Cellcom Israel

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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.

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