Cellcom Israel (OTCMKTS:CELJF) Stock Price Down 9.2% – Should You Sell?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price dropped 9.2% during trading on Tuesday . The stock traded as low as $10.10 and last traded at $10.10. Approximately 437 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 1,707 shares. The stock had previously closed at $11.1275.

Cellcom Israel Stock Performance

The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 0.44. The stock’s 50 day moving average is $9.88 and its 200 day moving average is $8.58. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 28.84 and a beta of 1.04.

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

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.