Somewhat Positive Media Coverage Somewhat Unlikely to Affect Cellcom Israel (NYSE:CEL) Stock Price

Headlines about Cellcom Israel (NYSE:CEL) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cellcom Israel earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.4109301898122 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Cellcom Israel (CEL) traded up 0.47% during mid-day trading on Friday, reaching $8.49. 10,173 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $9.27 and a 200 day moving average price of $9.91. Cellcom Israel has a 12-month low of $6.98 and a 12-month high of $11.19. The firm has a market capitalization of $854.14 million, a price-to-earnings ratio of 26.53 and a beta of 2.11.

Cellcom Israel (NYSE:CEL) last announced its quarterly earnings results on Wednesday, May 24th. The technology company reported $0.07 earnings per share for the quarter. Cellcom Israel had a net margin of 3.12% and a return on equity of 8.94%. The firm had revenue of $264 million during the quarter. Analysts anticipate that Cellcom Israel will post $0.44 EPS for the current fiscal year.

A number of research firms have recently weighed in on CEL. Citigroup Inc. lowered shares of Cellcom Israel from a “neutral” rating to a “sell” rating in a report on Wednesday, July 26th. BidaskClub lowered shares of Cellcom Israel from a “hold” rating to a “sell” rating in a report on Friday, July 28th.

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About Cellcom Israel

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.

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