BEZEQ ISRAEL TE/ADR (OTCMKTS:BZQIY) Stock Price Down 4.7%

BEZEQ ISRAEL TE/ADR (OTCMKTS:BZQIY)’s stock price was down 4.7% during mid-day trading on Friday . The company traded as low as $4.67 and last traded at $4.67, approximately 100 shares changed hands during trading. A decline of 96% from the average daily volume of 2,737 shares. The stock had previously closed at $4.90.

A number of brokerages have weighed in on BZQIY. Barclays lowered BEZEQ ISRAEL TE/ADR from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, June 17th. UBS Group upgraded BEZEQ ISRAEL TE/ADR from a “neutral” rating to a “buy” rating in a research note on Friday, June 12th.

The business has a 50 day simple moving average of $4.92 and a two-hundred day simple moving average of $3.88.

BEZEQ ISRAEL TE/ADR Company Profile (OTCMKTS:BZQIY)

Bezeq The Israel Telecommunication Corporation Limited provides communications services in Israel. The company operates in four segments: Fixed Line Domestic Communications; Cellular Communications; International Communications, Internet Services and Network End Point; and Multichannel Television. It offers basic telephony services on domestic telephone lines, as well as associated services, such as voice mail and caller ID; broadband Internet access infrastructure services; transmission and data-communication services to business customers and communications providers; virtual server services, Bcloud and Bcyber services; smart home, business, and city services; IP Centrex, a private virtual PBX services; and B144 services, an advertising platform for digital advertising and marketing to small businesses, Wi-Fi, SMS, BCAM, and remote backup.

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