Bezeq The Israel Telecommunication (OTCMKTS:BZQIF) Shares Up 23.8% – Still a Buy?

Shares of Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIFGet Free Report) shot up 23.8% on Wednesday . The company traded as high as $2.55 and last traded at $2.55. 2,000 shares were traded during mid-day trading, an increase of 14% from the average session volume of 1,750 shares. The stock had previously closed at $2.06.

Bezeq The Israel Telecommunication Stock Performance

The business has a 50 day moving average of $2.00 and a 200 day moving average of $1.89.

About Bezeq The Israel Telecommunication

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Bezeq – The Israel Telecommunication Corp. Ltd., commonly known as Bezeq, is Israel’s largest integrated communications provider. The company offers a comprehensive suite of telecommunication services, including fixed-line and broadband internet access, mobile telephony, international data transmission and satellite television. Through its network infrastructure and group of subsidiaries, Bezeq serves residential, business and wholesale customers across Israel.

Bezeq’s core operations center on its fixed-line network and fiber-based broadband platforms, delivering high-speed internet and voice services to millions of users.

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