Cellcom Israel (OTCMKTS:CELJF) Hits New 1-Year High – Here’s Why

Shares of Cellcom Israel Ltd. (OTCMKTS:CELJFGet Free Report) reached a new 52-week high on Friday . The company traded as high as $6.63 and last traded at $6.60, with a volume of 1921 shares traded. The stock had previously closed at $6.46.

Cellcom Israel Stock Performance

The firm has a 50-day moving average price of $5.33 and a two-hundred day moving average price of $4.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.77 and a quick ratio of 0.71. The firm has a market capitalization of $1.08 billion, a P/E ratio of 27.50 and a beta of 0.98.

About Cellcom Israel

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Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.

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