Cellcom Israel Ltd. (NYSE:CEL) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 48,700 shares, a decrease of 14.7% from the December 15th total of 57,100 shares. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.1% of the shares of the company are sold short.
Separately, ValuEngine upgraded shares of Cellcom Israel from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.
Shares of Cellcom Israel stock traded up $0.18 on Tuesday, hitting $3.14. The stock had a trading volume of 32,500 shares, compared to its average volume of 22,167. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.36 and a quick ratio of 1.32. Cellcom Israel has a twelve month low of $1.80 and a twelve month high of $5.57. The business’s 50 day moving average is $2.91 and its two-hundred day moving average is $2.68.
Cellcom Israel Company Profile
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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