Bank Hapoalim (OTCMKTS:BKHYY) Sees Large Volume Increase – What’s Next?

Bank Hapoalim (OTCMKTS:BKHYY) shares saw unusually-strong trading volume on Monday . Approximately 36,934 shares traded hands during trading, an increase of 153% from the previous session’s volume of 14,577 shares.The stock last traded at $132.75 and had previously closed at $132.12.

Bank Hapoalim Trading Down 1.0%

The business’s 50 day moving average is $125.64 and its two-hundred day moving average is $125.51. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $34.77 billion, a P/E ratio of 11.76 and a beta of 1.20.

Bank Hapoalim (OTCMKTS:BKHYY) last announced its earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.20. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $6.13 billion. Bank Hapoalim had a net margin of 22.88% and a return on equity of 14.65%.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking institutions, serving individual, business, corporate and institutional customers. The bank provides a broad range of financial services, including deposit accounts, consumer and commercial lending, mortgages, payment cards, foreign-currency services and digital banking.

Its business also includes corporate and investment banking, capital-markets services, asset management, private banking and wealth-management solutions. Bank Hapoalim serves customers through a network of branches and digital channels in Israel, while its international activities are conducted through subsidiaries and representative operations serving selected global markets.

Established in 1921, the bank has played a longstanding role in Israel’s financial system.