Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – Here’s Why

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $11.4833, but opened at $10.4544. Cellcom Israel shares last traded at $10.4544, with a volume of 300 shares traded.

Cellcom Israel Trading Down 9.0%

The stock’s fifty day moving average price is $10.81 and its 200 day moving average price is $9.44. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 0.43.

Cellcom Israel (OTCMKTS:CELJF) last released its quarterly earnings data 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 9.56%.

About Cellcom Israel

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.