Bezeq The Israel Telecommunication (OTCMKTS:BZQIY) Stock Price Up 25.2% – What’s Next?

Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIY) was up 25.2% on Thursday . The stock traded as high as $7.90 and last traded at $7.10. Approximately 3,700 shares were traded during mid-day trading, an increase of 939% from the average daily volume of 356 shares. The stock had previously closed at $5.67.

Bezeq The Israel Telecommunication Stock Performance

The business has a 50-day moving average of $5.68 and a two-hundred day moving average of $5.58.

Bezeq The Israel Telecommunication Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.1083 per share. The ex-dividend date of this dividend was Thursday, September 26th. Bezeq The Israel Telecommunication’s payout ratio is presently 62.83%.

Bezeq The Israel Telecommunication Company Profile

Bezeq The Israel Telecommunication Corp. Ltd provides communications services to business and private customers in Israel. It operates through Domestic fixed-line communications, Cellular Communication, Internet, International Communication, and ICT Solutions, and Multi-Channel Television segments. The company offers telephony services, including basic telephony services on the household telephone line, as well as associated services, such as voice mail and caller ID; national numbering services; and transmission and data-communication services.