Cellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $11.33, but opened at $10.12. Cellcom Israel shares last traded at $11.20, with a volume of 1,200 shares changing hands.
Cellcom Israel Price Performance
The firm’s 50-day moving average price is $10.50 and its 200-day moving average price is $10.99. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 27.62 and a beta of 0.89.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Cellcom Israel stock. AWM Investment Company Inc. bought a new position in Cellcom Israel, Ltd. (OTCMKTS:CELJF – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 624,700 shares of the company’s stock, valued at approximately $5,529,000. AWM Investment Company Inc. owned 0.38% of Cellcom Israel at the end of the most recent reporting period.
Cellcom Israel Company Profile
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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