B Communications (OTCMKTS:BCOMF) Hits New 52-Week Low – What’s Next?

B Communications Ltd. (OTCMKTS:BCOMF)’s share price hit a new 52-week low on Tuesday . The company traded as low as $3.28 and last traded at $7.84, with a volume of 10508 shares. The stock had previously closed at $7.50.

B Communications Stock Performance

The firm has a market cap of $816.61 million, a PE ratio of 10.45 and a beta of 1.40. The stock has a 50-day moving average price of $7.37 and a 200 day moving average price of $6.87. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.01 and a quick ratio of 0.98.

About B Communications

B Communications Ltd is an Israel?based holding company whose principal asset is its controlling equity interest in Bezeq The Israel Telecommunication Corporation Ltd, the country’s largest integrated telecommunications provider. B Communications itself does not operate telecom services directly but derives its revenues and strategic direction from its stake in Bezeq, which offers a full suite of communications services across Israel.

Through Bezeq and its subsidiaries, B Communications benefits from operations in fixed-line telephony, broadband internet access, cellular mobile services, international communications and pay-TV broadcasting.