Bank Hapoalim (OTCMKTS:BKHYY) Stock Price Up 4.3% – Time to Buy?

Bank Hapoalim (OTCMKTS:BKHYY)’s stock price traded up 4.3% during mid-day trading on Friday . The company traded as high as $121.50 and last traded at $121.50. 1,049 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 15,893 shares. The stock had previously closed at $116.4510.

Bank Hapoalim Trading Up 2.8%

The firm has a market capitalization of $31.33 billion, a price-to-earnings ratio of 11.10 and a beta of 1.20. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.96 and a quick ratio of 0.96. The firm’s 50-day simple moving average is $120.33 and its 200 day simple moving average is $125.13.

Bank Hapoalim (OTCMKTS:BKHYY) last released its earnings results on Thursday, May 14th. The bank reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.05). The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $5.97 billion. Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.

Bank Hapoalim Company Profile

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.