B Communications (OTCMKTS:BCOMF) Shares Up 35.2% – Here’s Why

B Communications Ltd (OTCMKTS:BCOMFGet Free Report) shares shot up 35.2% during mid-day trading on Friday . The stock traded as high as $4.65 and last traded at $4.65. 200 shares changed hands during trading, an increase of 100% from the average session volume of 100 shares. The stock had previously closed at $3.44.

B Communications Stock Up 35.2 %

The company has a market capitalization of $484.35 million, a PE ratio of 9.30 and a beta of 1.24. The company has a current ratio of 1.30, a quick ratio of 1.27 and a debt-to-equity ratio of 3.31. The business has a fifty day moving average of $3.39 and a 200 day moving average of $3.48.

About B Communications

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B Communications Ltd., through its subsidiaries, provides a range of telecommunications services for business and private customers in Israel. It operates through Interior Landline Communication, Cellular Communication, Bezeq International Services, and Multi-Channel TV segments. The company offers landline interior communications, including telephony, internet services and infrastructure, transmission and data communication, and wholesale services; and cellular radio-telephone services.

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