Cellcom Israel (OTCMKTS:CELJF) Shares Down 2.8% – Time to Sell?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price fell 2.8% during mid-day trading on Wednesday . The stock traded as low as $11.6225 and last traded at $11.66. 1,697 shares were traded 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 Stock Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68. The firm’s 50 day moving average is $11.73 and its 200 day moving average is $10.49.

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

About Cellcom Israel

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.