B Communications (OTCMKTS:BCOMF) Stock Price Down 7.9% – Here’s What Happened

B Communications Ltd (OTCMKTS:BCOMF)’s share price fell 7.9% on Wednesday . The company traded as low as $3.00 and last traded at $3.25. 250 shares were traded during trading, The stock had previously closed at $3.53.

B Communications Trading Down 7.9 %

The company has a debt-to-equity ratio of 3.31, a current ratio of 1.30 and a quick ratio of 1.27. The stock has a 50-day moving average price of $3.53 and a two-hundred day moving average price of $3.49. The stock has a market cap of $338.52 million, a PE ratio of 6.50 and a beta of 1.26.

B Communications (OTCMKTS:BCOMF) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.13 earnings per share (EPS) for the quarter. B Communications had a net margin of 2.26% and a return on equity of 50.01%. The business had revenue of $587.68 million during the quarter.

About B Communications

B Communications Ltd., through its subsidiaries, provides a range of telecommunications services for business and private customers in Israel. It operates through Interior Landline Communication, Cellular Communication, Bezeq International Services, and Multi-Channel TV segments. The company offers landline interior communications, including telephony, internet services and infrastructure, transmission and data communication, and wholesale services; and cellular radio-telephone services.