Bank Hapoalim (OTCMKTS:BKHYY) Sees Large Volume Increase – Time to Buy?

Shares of Bank Hapoalim (OTCMKTS:BKHYY) saw an uptick in trading volume on Monday . 36,934 shares were traded 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 Stock Up 0.1%

The stock has a market cap of $34.55 billion, a price-to-earnings ratio of 11.68 and a beta of 1.20. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. The stock’s 50-day moving average price is $124.97 and its 200-day moving average price is $125.47.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its quarterly earnings data on Tuesday, August 11th. The bank reported $3.21 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.20. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations 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.