Cellcom Israel (NYSE:CEL) Getting Somewhat Positive Press Coverage, Report Finds

News stories about Cellcom Israel (NYSE:CEL) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cellcom Israel earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.5864175646729 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Cellcom Israel (CEL) opened at 9.11 on Thursday. Cellcom Israel has a 12 month low of $6.69 and a 12 month high of $11.19. The stock has a market capitalization of $916.50 million, a PE ratio of 28.38 and a beta of 2.12. The company’s 50 day moving average price is $9.44 and its 200 day moving average price is $10.00.

Cellcom Israel (NYSE:CEL) last posted its quarterly earnings results on Wednesday, May 24th. The technology company reported $0.07 EPS for the quarter. The business had revenue of $264 million during the quarter. Cellcom Israel had a return on equity of 8.78% and a net margin of 2.95%. Equities analysts anticipate that Cellcom Israel will post $0.44 earnings per share for the current fiscal year.

Separately, Citigroup Inc. cut Cellcom Israel from a “neutral” rating to a “sell” rating in a research report on Wednesday.

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Cellcom Israel Company Profile

Cellcom Israel Ltd. is engaged 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.