Cellcom Israel (OTCMKTS:CELJF) Shares Down 2.8% – Should You Sell?

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF) fell 2.8% during mid-day trading on Wednesday . The company traded as low as $11.6225 and last traded at $11.66. 1,697 shares changed hands during mid-day trading, an increase of 249% from the average session volume of 486 shares. The stock had previously closed at $11.99.

Cellcom Israel Trading Down 2.8%

The company has a 50-day simple moving average of $11.73 and a two-hundred day simple moving average of $10.49. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35.

Cellcom Israel (OTCMKTS:CELJF) last announced its earnings results on Monday, January 12th. The company reported $0.13 earnings per share (EPS) for the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.The firm had revenue of $307.28 million during the quarter.

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.