Cellcom Israel (OTCMKTS:CELJF) Sees Strong Trading Volume – Still a Buy?

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) saw unusually-strong trading volume on Tuesday . 10,041 shares were traded during trading, an increase of 800% from the previous session’s volume of 1,116 shares.The stock last traded at $11.05 and had previously closed at $11.14.

Cellcom Israel Stock Up 10.4%

The business has a 50-day simple moving average of $11.20 and a two-hundred day simple moving average of $11.22. The stock has a market capitalization of $1.81 billion, a P/E ratio of 26.31 and a beta of 0.88.

Cellcom Israel Company Profile

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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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