Isracard Ltd. ISCD
TASE · Israel · Finance
ILA 1,122.00+2.00 (+0.18%)
Market closed· · ILA · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · ILA · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Isracard (TASE:ISCD) scrapped its planned acquisition of Israeli digital lender Esh Bank after their memorandum of understanding expired without a binding agreement, ending a proposed deal reportedly valued at up to NIS 500 million. See our latest analysis for Isracard. At a share price of ₪11.11, Isracard’s recent 30 day share price return of -8.11% and 90 day share price return of -29.51% suggest fading momentum, even though the 5 year total shareholder return of 43.61% is still...
The MoU signed with Esh had lapsed without a final deal being concluded and would not be renewed.
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