Bank Hapoalim (OTCMKTS:BKHYY) Sees Large Volume Increase – Here’s What Happened

Bank Hapoalim (OTCMKTS:BKHYY) saw unusually-strong trading volume on Monday . Approximately 25,309 shares changed 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 Price Performance

The company has a 50 day moving average of $119.71 and a 200 day moving average of $125.19. 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 stock has a market capitalization of $31.26 billion, a price-to-earnings ratio of 11.07 and a beta of 1.20.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings results 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 company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $5.97 billion. Bank Hapoalim had a net margin of 22.10% and a return on equity of 14.38%.

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.