Bank Hapoalim (OTCMKTS:BKHYY) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Bank Hapoalim (OTCMKTS:BKHYY) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $124.54 and traded as low as $114.21. Bank Hapoalim shares last traded at $118.61, with a volume of 16,109 shares traded.

Bank Hapoalim Trading Up 5.0%

The company’s fifty day simple moving average is $129.44 and its two-hundred day simple moving average is $124.54. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $31.08 billion, a price-to-earnings ratio of 10.99 and a beta of 1.18.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its earnings results 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 firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $5.97 billion. Bank Hapoalim had a return on equity of 14.89% 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.