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

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

Bank Hapoalim Trading Up 2.8%

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

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings results on Thursday, May 14th. The bank reported $2.59 EPS for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.05). Bank Hapoalim had a net margin of 22.10% and a return on equity of 14.38%. The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $5.97 billion.

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.