Bank Hapoalim (OTCMKTS:BKHYY) Shares Gap Down - Time to Sell?

Key Points

• Bank Hapoalim's stock price decreased significantly, gapping down from $94.58 to $90.02 before trading at $90.25, reflecting a 4.8% decline.
• The bank reported earnings per share of $2.53 in its latest quarterly earnings, along with revenues of $1.57 billion and a net margin of 19.73%.
• Bank Hapoalim has recently increased its dividend to $0.5386, representing an impressive dividend yield of 207.0% compared to its previous dividend of $0.27.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $94.58, but opened at $90.02. Bank Hapoalim shares last traded at $90.25, with a volume of 1,722 shares trading hands.

Bank Hapoalim Trading Down 4.8%

The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.41. The stock's 50 day moving average price is $90.01 and its 200-day moving average price is $76.76. The stock has a market capitalization of $23.70 billion, a P/E ratio of 10.89 and a beta of 1.13.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last released its quarterly earnings data on Sunday, May 18th. The bank reported $2.53 earnings per share for the quarter. The firm had revenue of $1.57 billion for the quarter. Bank Hapoalim had a net margin of 19.73% and a return on equity of 14.07%.

Bank Hapoalim Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 2nd were given a $0.5386 dividend. This represents a dividend yield of 207.0%. This is a positive change from Bank Hapoalim's previous dividend of $0.27. The ex-dividend date was Friday, May 30th. Bank Hapoalim's dividend payout ratio (DPR) is 26.96%.

About Bank Hapoalim

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.

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