BEZEQ ISRAEL TE/ADR (OTCMKTS:BZQIY) Stock Passes Above 50 Day Moving Average of $5.23

Shares of BEZEQ ISRAEL TE/ADR (OTCMKTS:BZQIY) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.23 and traded as high as $5.35. BEZEQ ISRAEL TE/ADR shares last traded at $5.35, with a volume of 6,800 shares trading hands.

A number of brokerages have commented on BZQIY. Barclays upgraded shares of BEZEQ ISRAEL TE/ADR from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 27th. UBS Group raised shares of BEZEQ ISRAEL TE/ADR from a “neutral” rating to a “buy” rating in a research report on Friday, June 12th.

The firm has a fifty day moving average price of $5.23 and a 200 day moving average price of $4.24.


Bezeq The Israel Telecommunication Corporation Limited provides communications services in Israel. The company operates in four segments: Fixed Line Domestic Communications; Cellular Communications; International Communications, Internet Services and Network End Point; and Multichannel Television. It offers basic telephony services on domestic telephone lines, as well as associated services, such as voice mail and caller ID; broadband Internet access infrastructure services; transmission and data-communication services to business customers and communications providers; virtual server services, Bcloud and Bcyber services; smart home, business, and city services; IP Centrex, a private virtual PBX services; and B144 services, an advertising platform for digital advertising and marketing to small businesses, Wi-Fi, SMS, BCAM, and remote backup.

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