Partner Communications (NASDAQ:PTNR) Shares Pass Above Two Hundred Day Moving Average of $4.35

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Partner Communications Company Ltd (NASDAQ:PTNR)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.35 and traded as high as $4.74. Partner Communications shares last traded at $4.69, with a volume of 554 shares traded.

The company has a quick ratio of 0.94, a current ratio of 1.01 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $794.94 million, a P/E ratio of 78.18 and a beta of 0.99. The stock has a fifty day moving average of $4.37 and a 200-day moving average of $4.35.

Partner Communications (NASDAQ:PTNR) last posted its quarterly earnings data on Tuesday, November 26th. The Wireless communications provider reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $237.00 million during the quarter. Partner Communications had a return on equity of 2.32% and a net margin of 1.01%.

Several large investors have recently bought and sold shares of PTNR. Jane Street Group LLC boosted its position in Partner Communications by 294.1% during the fourth quarter. Jane Street Group LLC now owns 98,572 shares of the Wireless communications provider’s stock valued at $430,000 after purchasing an additional 73,560 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in Partner Communications by 12.5% during the fourth quarter. GHP Investment Advisors Inc. now owns 99,675 shares of the Wireless communications provider’s stock valued at $435,000 after purchasing an additional 11,040 shares during the last quarter. Finally, Phoenix Holdings Ltd. acquired a new position in Partner Communications during the third quarter valued at approximately $2,623,000. Institutional investors and hedge funds own 2.38% of the company’s stock.

Partner Communications Company Profile (NASDAQ:PTNR)

Partner Communications Company Ltd. provides various telecommunication services in Israel. It operates in two segments, Cellular and Fixed-Line. The company offers cellular telephony services, including basic cellular telephony, text messaging, Internet browsing and data transfer, content, and roaming services, as well as services provided to other operators that are permitted to use its cellular network.

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