Bank Hapoalim (OTCMKTS:BKHYY) Shares Gap Up - Still a Buy?

Shares of Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $94.02, but opened at $98.95. Bank Hapoalim shares last traded at $95.25, with a volume of 359 shares.

Bank Hapoalim Trading Down 0.5%

The stock has a market cap of $26.19 billion, a PE ratio of 12.03 and a beta of 1.11. 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 business's fifty day moving average is $84.86 and its 200 day moving average is $72.60.

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

Bank Hapoalim Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were issued a $0.5386 dividend. This represents a dividend yield of 2.07%. The ex-dividend date of this dividend was Friday, May 30th. This is an increase from Bank Hapoalim's previous dividend of $0.27. Bank Hapoalim's dividend payout ratio is 27.09%.

Bank Hapoalim Company Profile

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.