Bank Hapoalim (OTCMKTS:BKHYY) Trading 4.3% Higher – Here’s Why

Bank Hapoalim (OTCMKTS:BKHYY) shares shot up 4.3% on Friday . The stock 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 session volume of 15,893 shares. The stock had previously closed at $116.4510.

Bank Hapoalim Price Performance

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 has a market capitalization of $31.27 billion, a P/E ratio of 11.08 and a beta of 1.20. The company’s 50 day moving average price is $120.13 and its 200 day moving average price is $125.09.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings data 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 company 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.