Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – What’s Next?

by · The Markets Daily

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $17.42, but opened at $19.25. Raiffeisen Bank International shares last traded at $19.25, with a volume of 200 shares traded.

Raiffeisen Bank International Trading Up 5.4%

The stock has a fifty day moving average of $17.66 and a 200-day moving average of $14.89. The firm has a market capitalization of $24.68 billion, a price-to-earnings ratio of 8.95 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. The business had revenue of $2.67 billion during the quarter. Raiffeisen Bank International had a return on equity of 10.94% and a net margin of 19.31%.

Raiffeisen Bank International Company Profile

(Get Free Report)

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to individuals, small and medium-sized businesses, corporate clients and institutional customers.

Its product and service offerings include current and savings accounts, consumer and mortgage lending, business financing, payment services, investment and wealth management, trade finance, leasing, and corporate and investment banking. RBI also serves larger clients through capital-markets, treasury and advisory services.

Raiffeisen Bank International operates in Austria and has historically maintained a broad network of banking subsidiaries and branches across Central and Eastern Europe, including markets such as the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Croatia, Serbia, Bosnia and Herzegovina, Kosovo and Ukraine.

Featured Articles