Israel Discount Bank (OTCMKTS:ISDAY) Trading Down 9%

Israel Discount Bank Limited (OTCMKTS:ISDAYGet Rating) shares traded down 9% on Friday . The company traded as low as $47.90 and last traded at $47.90. 122 shares were traded during mid-day trading, a decline of 58% from the average session volume of 292 shares. The stock had previously closed at $52.66.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Israel Discount Bank from an “equal weight” rating to an “overweight” rating in a research note on Thursday, February 16th.

Israel Discount Bank Stock Down 9.0 %

The company’s fifty day moving average is $50.60 and its 200 day moving average is $53.21.

Israel Discount Bank Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 14th. Stockholders of record on Friday, March 24th will be given a dividend of $0.2763 per share. This represents a dividend yield of 2.28%. The ex-dividend date is Thursday, March 23rd.

Israel Discount Bank Company Profile

(Get Rating)

Israel Discount Bank Ltd. engages in providing comprehensive banking services through a network of branches in Israel, direct banking services, and digital banking. It operates through the following segments: Household, Private Banking, Small and Minute Businesses, Medium Businesses, Large Businesses, Institutional Bodies, Financial Management, and Other.

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