Bank Hapoalim (OTCMKTS:BKHYY) Shares Gap Up – What’s Next?

Bank Hapoalim (OTCMKTS:BKHYY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $132.25, but opened at $139.00. Bank Hapoalim shares last traded at $139.00, with a volume of 2,770 shares.

Analyst Ratings Changes

Separately, Barclays cut Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Bank Hapoalim currently has a consensus rating of “Hold”.

Bank Hapoalim Stock Up 1.8%

The stock has a market cap of $35.71 billion, a price-to-earnings ratio of 12.70 and a beta of 1.20. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.56. The stock’s 50-day moving average price is $127.14 and its 200-day moving average price is $117.50.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings results on Wednesday, March 4th. The bank reported $2.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.51). The firm had revenue of $1.76 billion during the quarter. Bank Hapoalim had a return on equity of 15.20% and a net margin of 22.63%.

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.