Bank Hapoalim (OTCMKTS:BKHYY) Sets New 52-Week High – What’s Next?

Bank Hapoalim (OTCMKTS:BKHYY) reached a new 52-week high on Tuesday . The stock traded as high as $130.84 and last traded at $130.84, with a volume of 358 shares changing hands. The stock had previously closed at $122.4050.

Analyst Upgrades and Downgrades

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

Bank Hapoalim Stock Performance

The firm has a fifty day moving average price of $115.76 and a 200 day moving average price of $103.80. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.52. The firm has a market cap of $32.85 billion, a PE ratio of 12.63 and a beta of 1.16.

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

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 issued a $0.9362 dividend. The ex-dividend date was Monday, December 1st. This represents a yield of 266.0%. Bank Hapoalim’s dividend payout ratio is currently 38.62%.

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.