Bank Hapoalim (OTCMKTS:BKHYY) Shares Gap Up – Should You Buy?

Bank Hapoalim (OTCMKTS:BKHYY) shares gapped up before the market opened on Monday . The stock had previously closed at $130.47, but opened at $136.93. Bank Hapoalim shares last traded at $136.93, with a volume of 613 shares changing hands.

Analyst Ratings Changes

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

Bank Hapoalim Trading Down 1.3%

The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average price is $124.10 and its 200-day moving average price is $109.19. The stock has a market capitalization of $34.09 billion, a P/E ratio of 13.13 and a beta of 1.19.

About Bank Hapoalim

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.