Phoenix Holdings Ltd. Reduces Position in Partner Communications Company Ltd (NASDAQ:PTNR)

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Phoenix Holdings Ltd. decreased its position in Partner Communications Company Ltd (NASDAQ:PTNR) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 559,984 shares of the Wireless communications provider’s stock after selling 23,805 shares during the period. Phoenix Holdings Ltd. owned 0.34% of Partner Communications worth $2,294,000 as of its most recent SEC filing.

Shares of PTNR stock traded up $0.08 during trading hours on Thursday, hitting $4.32. The company had a trading volume of 4,100 shares, compared to its average volume of 9,254. The company’s fifty day moving average is $4.02 and its 200 day moving average is $4.12. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.32 and a quick ratio of 1.22. Partner Communications Company Ltd has a fifty-two week low of $2.90 and a fifty-two week high of $6.46. The stock has a market capitalization of $703.79 million, a PE ratio of 86.42 and a beta of 0.72.

Partner Communications (NASDAQ:PTNR) last issued its quarterly earnings data on Wednesday, May 27th. The Wireless communications provider reported $0.02 EPS for the quarter. The firm had revenue of $226.00 million for the quarter. Partner Communications had a net margin of 0.97% and a return on equity of 2.09%.

About Partner Communications

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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Institutional Ownership by Quarter for Partner Communications (NASDAQ:PTNR)

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