Cellcom Israel (OTCMKTS:CELJF) Stock Falls 5.1% – What’s Next?

Cellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report)’s share price dropped 5.1% during trading on Tuesday. The company traded as low as $10.34 and last traded at $10.34. Approximately 700 shares traded hands during trading, a decline of 43% from the average daily volume of 1,223 shares. The stock had previously closed at $10.90.

Cellcom Israel Trading Down 3.2%

The firm has a 50-day moving average of $11.44 and a 200 day moving average of $11.10. The company has a market cap of $1.74 billion, a P/E ratio of 25.34 and a beta of 0.88.

Cellcom Israel Company Profile

(Get Free Report)

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and other organizations in Israel. Its offerings include cellular voice and data services, mobile internet, messaging and related communications products delivered through its wireless network.

The company also provides fixed-line communications, broadband internet, international calling and data services. Through its communications platform and related operations, Cellcom offers television and other digital entertainment services, as well as business solutions such as connectivity, information technology and communications services.

Cellcom began operating in 1994 and has expanded beyond its original mobile-phone business through investments, acquisitions and the development of fixed-line and broadband capabilities.

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