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

Bank Hapoalim (OTCMKTS:BKHYY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $107.00, but opened at $101.42. Bank Hapoalim shares last traded at $104.3450, with a volume of 919 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Bank Hapoalim to a “hold” rating in a research report on Monday, August 11th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Bank Hapoalim Price Performance

The company has a market capitalization of $27.27 billion, a P/E ratio of 11.89 and a beta of 1.15. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.91 and a quick ratio of 0.91. The firm’s 50-day moving average is $99.19 and its 200-day moving average is $92.74.

Bank Hapoalim Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, September 10th. Stockholders of record on Tuesday, August 26th were given a dividend of $1.0505 per share. This represents a dividend yield of 238.0%. The ex-dividend date of this dividend was Monday, August 25th. This is a positive change from Bank Hapoalim’s previous dividend of $0.54. Bank Hapoalim’s payout ratio is presently 47.88%.

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.