Cellcom Israel (NYSE:CEL) issued its earnings results on Thursday. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.15), MarketWatch Earnings reports. The firm had revenue of $251.00 million during the quarter. Cellcom Israel had a return on equity of 0.96% and a net margin of 0.37%.
CEL traded up $0.12 during midday trading on Friday, hitting $6.90. 1,816 shares of the company were exchanged, compared to its average volume of 5,899. The company has a market capitalization of $685.08 million, a P/E ratio of 226.00 and a beta of 1.91. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.47 and a current ratio of 1.51. Cellcom Israel has a 1-year low of $5.43 and a 1-year high of $10.62.
Separately, TheStreet lowered Cellcom Israel from a “c” rating to a “d+” rating in a research note on Monday, September 10th.
Cellcom Israel Ltd. provides cellular and landline telecommunications services in Israel. It operates through two segments, Cellular and Fixed-line. The company offers basic cellular telephony services, such as voice mail, cellular fax, call waiting, call forwarding, caller identification, conference calling, and inbound and outbound roaming services; and data transfer, and upload and download services.
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