Bank Hapoalim (OTCMKTS:BKHYY) Sees Strong Trading Volume – Should You Buy?

Shares of Bank Hapoalim (OTCMKTS:BKHYY) saw unusually-strong trading volume on Monday . 25,309 shares traded hands during mid-day trading, an increase of 59% from the previous session’s volume of 15,896 shares.The stock last traded at $121.4950 and had previously closed at $119.56.

Bank Hapoalim Stock Performance

The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. The company’s 50-day moving average is $120.13 and its two-hundred day moving average is $125.18. The firm has a market cap of $31.70 billion, a P/E ratio of 11.23 and a beta of 1.20.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings data on Thursday, May 14th. The bank reported $2.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.05). The firm had revenue of $1.76 billion during 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.