Cellcom Israel (OTCMKTS:CELJF) Trading Down 16.1% – Should You Sell?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price traded down 16.1% during trading on Friday . The company traded as low as $8.64 and last traded at $8.64. 200 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,745 shares. The stock had previously closed at $10.30.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Cellcom Israel to a “strong-buy” rating in a research note on Sunday, July 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Cellcom Israel Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.60 and a current ratio of 0.67. The stock has a 50 day moving average of $9.68 and a 200 day moving average of $8.35. The stock has a market capitalization of $1.69 billion, a P/E ratio of 27.17 and a beta of 1.04.

Cellcom Israel (OTCMKTS:CELJF) last announced its quarterly earnings results on Wednesday, October 15th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $311.45 million during the quarter. Cellcom Israel had a net margin of 5.40% and a return on equity of 9.76%.

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.