Barclays Downgrades Cellcom Israel (OTCMKTS:CELJF) to Strong Sell

Barclays downgraded shares of Cellcom Israel (OTCMKTS:CELJF) from a hold rating to a strong sell rating in a research note published on Tuesday,Zacks.com reports.

Cellcom Israel Stock Performance

Shares of OTCMKTS CELJF opened at $6.12 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 0.65. Cellcom Israel has a one year low of $3.10 and a one year high of $7.10. The business’s fifty day moving average price is $5.84 and its 200-day moving average price is $4.79.

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.