Bank Hapoalim (OTCMKTS:BKHYY) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Bank Hapoalim (OTCMKTS:BKHYY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $125.18 and traded as low as $119.24. Bank Hapoalim shares last traded at $121.88, with a volume of 10,430 shares.

Bank Hapoalim Stock Down 1.1%

The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $32.62 billion, a PE ratio of 11.56 and a beta of 1.21. The company’s fifty day moving average price is $118.45 and its 200-day moving average price is $125.18.

Bank Hapoalim (OTCMKTS:BKHYY) last released its earnings results on Thursday, May 14th. The bank reported $2.59 EPS for the quarter, missing the consensus estimate of $2.64 by ($0.05). Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $5.97 billion.

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.