Somewhat Positive Press Coverage Somewhat Unlikely to Affect Cellcom Israel (NYSE:CEL) Share Price

News headlines about Cellcom Israel (NYSE:CEL) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 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 daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.5864175646729 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected Accern’s scoring:

• Cellcom posts 2Q profit (finance.yahoo.com)
• Cellcom Israel Announces Second Quarter 2017 Results (finance.yahoo.com)
• Zacks: Cellcom Israel, Ltd. (NYSE:CEL) Receives Consensus Rating of “Strong Sell” from Analysts (americanbankingnews.com)
• Cellcom Israel Announces Israeli Holding Requirement Postponed (finance.yahoo.com)
• Cellcom Israel Ltd. – Value Analysis (NYSE:CEL) : July 31, 2017 (finance.yahoo.com)

A number of brokerages have recently commented on CEL. BidaskClub downgraded Cellcom Israel from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Citigroup Inc. downgraded Cellcom Israel from a “neutral” rating to a “sell” rating in a research note on Wednesday, July 26th.

Shares of Cellcom Israel (CEL) traded up 3.24% during mid-day trading on Friday, hitting $9.55. The stock had a trading volume of 69,244 shares. Cellcom Israel has a 52-week low of $6.69 and a 52-week high of $11.19. The firm has a market cap of $960.79 million, a PE ratio of 25.13 and a beta of 2.11. The firm has a 50 day moving average price of $9.39 and a 200 day moving average price of $9.99.

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

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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.