B Communications Ltd. (BCOM) Upgraded by Chardan Capital to “Buy”
Separately, TheStreet lowered shares of B Communications from a “hold” rating to a “sell” rating in a research note on Friday, June 10th.
Shares of B Communications (NASDAQ:BCOM) traded up 2.965% during midday trading on Tuesday, hitting $23.682. 940 shares of the stock traded hands. The firm has a 50-day moving average price of $23.96 and a 200 day moving average price of $26.03. B Communications has a one year low of $19.05 and a one year high of $31.86. The stock has a market cap of $707.83 million, a price-to-earnings ratio of 16.880 and a beta of 1.88.
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B Communications Company Profile
B Communications Ltd. is focused on the telecommunications industry. The Company’s principal asset is its ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq), a provider of communications services in Israel. Bezeq and its subsidiaries operate through segments, including Bezeq, which offers fixed-line telephony services and fixed-line broadband Internet infrastructure access; Pelephone, which offers cellular telephony services; Bezeq International, which offers Internet service provider (ISP) and international telephony (ILD) services, and DBS, which offers pay television services.
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