Internet Gold Golden Lines (NASDAQ:IGLD) Stock Crosses Above 200-Day Moving Average of $8.67

Internet Gold Golden Lines Ltd (NASDAQ:IGLD) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.67 and traded as high as $15.19. Internet Gold Golden Lines shares last traded at $14.00, with a volume of 2,500 shares changing hands.

The company has a 50-day moving average price of $17.50 and a two-hundred day moving average price of $8.74. The company has a current ratio of 0.73, a quick ratio of 0.71 and a debt-to-equity ratio of 20.72.

A hedge fund recently raised its stake in Internet Gold Golden Lines stock. Morgan Stanley lifted its holdings in shares of Internet Gold Golden Lines Ltd (NASDAQ:IGLD) by 74.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 335,264 shares of the technology company’s stock after purchasing an additional 143,406 shares during the quarter. Morgan Stanley owned 1.75% of Internet Gold Golden Lines worth $101,000 at the end of the most recent quarter.

About Internet Gold Golden Lines (NASDAQ:IGLD)

Internet Gold – Golden Lines Ltd. provides various telecommunications services in Israel. The company offers domestic fixed-line, cellular, and international communication services; Internet services; and multi-channel television, television and radio broadcasting, satellite broadcasting, and customer call center services.

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