Cellcom Israel Ltd. (OTCMKTS:CELJF) Sees Significant Decrease in Short Interest

Cellcom Israel Ltd. (OTCMKTS:CELJF) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 3,600 shares, a decrease of 52.6% from the January 31st total of 7,600 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 6.0 days.

Analyst Ratings Changes

Separately, Barclays downgraded Cellcom Israel from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 28th.

Cellcom Israel Price Performance

Cellcom Israel stock remained flat at $6.75 during midday trading on Friday. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 28.13 and a beta of 1.00. Cellcom Israel has a fifty-two week low of $3.10 and a fifty-two week high of $7.49. The business has a fifty day simple moving average of $6.42 and a two-hundred day simple moving average of $5.19. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.65 and a quick ratio of 0.60.

Cellcom Israel Company Profile

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.