Partner Stock Hits New 52-Week Low (PTNR)
NEW YORK (
) --
Partner Communications Company
(Nasdaq:
) hit a new 52-week low Wednesday as it is currently trading at $9.15, below its previous 52-week low of $9.25 with 113,418 shares traded as of 10:29 a.m. ET. Average volume has been 233,500 shares over the past 30 days.
Partner has a market cap of $1.54 billion and is part of the
sector and
industry. Shares are down 53.3% year to date as of the close of trading on Tuesday.
Partner Communications Company Ltd. provides various telecommunications services in Israel. It offers cellular telephony services on GSM/GPRS and UMTS/HSDPA networks. The company has a P/E ratio of 4.4, below the average telecommunications industry P/E ratio of five and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Partner as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and weak operating cash flow. You can view the full
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