Bank Hapoalim (OTCMKTS:BKHYY) Hits New 1-Year High – What’s Next?

Shares of Bank Hapoalim (OTCMKTS:BKHYY) hit a new 52-week high during trading on Monday . The company traded as high as $125.65 and last traded at $125.65, with a volume of 705 shares trading hands. The stock had previously closed at $120.49.

Bank Hapoalim Stock Performance

The company has a fifty day moving average price of $112.80 and a two-hundred day moving average price of $102.11. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $32.76 billion, a P/E ratio of 12.61 and a beta of 1.16.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its earnings results on Thursday, November 20th. The bank reported $2.68 EPS for the quarter. Bank Hapoalim had a net margin of 21.60% and a return on equity of 14.60%. The business had revenue of $1.99 billion for the quarter.

Bank Hapoalim Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 2nd were paid a $0.9362 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 266.0%. Bank Hapoalim’s payout ratio is currently 38.62%.

About Bank Hapoalim

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.