Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – Here’s Why

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $12.3430, but opened at $11.25. Cellcom Israel shares last traded at $12.05, with a volume of 7,101 shares.

Cellcom Israel Trading Down 0.7%

The company has a 50 day simple moving average of $10.95 and a 200-day simple moving average of $11.00. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 29.07 and a beta of 0.92.

Cellcom Israel Company Profile

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Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include mobile voice and data services, wireless communications, fixed-line telephony, broadband internet and television services.

The company also provides international communications, data connectivity, information technology and other business communications solutions. Through its service portfolio and network infrastructure, Cellcom supports residential customers, enterprises and public-sector organizations across Israel.

Cellcom Israel was established in 1994 and has developed from a mobile operator into a broader communications provider.

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