Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Shikun & Binui ( (IL:SKBN) ) has provided an update.
Harel Insurance Investments & Financial Services Ltd reduced its stake in Shikun & Binui through a sale of ordinary shares on the stock exchange. This transaction decreased Harel’s holding percentage in Shikun & Binui’s ordinary shares to 4.95% from its previous position. The sale reflects a strategic move by Harel, altering its influence and investment position within Shikun & Binui and potentially impacting its control and governance within the company.
More about Shikun & Binui
YTD Price Performance: -11.97%
Average Trading Volume: 876,720
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: ILS7.03B
For an in-depth examination of SKBN stock, go to TipRanks’ Stock Analysis page.