Cellcom Israel (NYSE:CEL) Issues Quarterly Earnings Results

Cellcom Israel (NYSE:CEL) released its quarterly earnings data on Thursday. The technology company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.09), MarketWatch Earnings reports. Cellcom Israel had a negative net margin of 2.94% and a negative return on equity of 6.43%. The firm had revenue of $250.00 million during the quarter.

CEL stock opened at $3.22 on Friday. The stock’s fifty day simple moving average is $3.41 and its 200-day simple moving average is $3.14. The company has a quick ratio of 1.48, a current ratio of 1.51 and a debt-to-equity ratio of 1.77. Cellcom Israel has a 52-week low of $1.80 and a 52-week high of $4.49. The stock has a market capitalization of $495.23 million, a price-to-earnings ratio of -13.42 and a beta of 1.21.

Separately, ValuEngine downgraded Cellcom Israel from a “hold” rating to a “sell” rating in a research note on Thursday, March 26th.

About Cellcom Israel

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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Earnings History for Cellcom Israel (NYSE:CEL)

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