The stock is trading at $9.38 which is just a bit below the 50 day moving average which is $9.75 and barely below the 200 day moving average of $9.87. The 50 day moving average went down $-0.57 or -5.87% and the 200 day average went down by -7.02%. Cellcom Israel, Ltd. Ordinary S shares had a trading volume of 6,186 in the last trading session. Volume was down 77.84% under the stocks average daily volume.
These firms have also modified their investment in CEL. As of quarter end Morgan Stanley had disposed of a total of 64 shares trimming its stake by 3.0%. The value of the investment in CEL went from $17,000 to $21,000 increasing 23.5% quarter over quarter. As of the end of the quarter Tower Research Capital LLC (trc) had sold 5 shares trimming its position 0.5%. The value of the total investment in Cellcom Israel, Ltd. Ordinary S increased from $8,000 to $10,000 a change of 25.0% quarter to quarter.
As of quarter end Jane Street Group, LLC had acquired a total of 630 shares growing its holdings by 0.5%. The value of the investment in Cellcom Israel, Ltd. Ordinary S went from $1,059,000 to $1,381,000 a change of $322,000 for the reporting period. As of quarter end Edmond De Rothschild Holding S.a. had acquired a total of 2,750 shares growing its stake by 8.8%. The value of the investment in (CEL) increased from $252,000 to $352,000 a change of 39.7% since the last quarter.
The company is up by 1.96% since yesterday’s close of $9.2. The P/E ratio is 27.99 and market capitalization is 923.54M.
Cellcom Israel Ltd., launched on January 31, 1994, is involved in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services. The fixed-line segment includes landline and long distance telephony services, Internet infrastructure and connectivity services, television services, end user fixed-line equipment and supplemental services. The Company provides a range of cellular services through its second generation (2G), third generation (3G) and fourth generation (4G) network. The Business’s services include basic cellular telephony services, text and multimedia messaging, advanced cellular content and data services, and other value-added services. It also offers international roaming services, a range of handsets from various manufacturers, and repair services on most handsets it offers..