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

by · The Cerbat Gem

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $10.22, but opened at $11.14. Raiffeisen Bank International shares last traded at $11.09, with a volume of 1,092 shares changing hands.

Analyst Ratings Changes

Separately, Barclays downgraded shares of Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Raiffeisen Bank International presently has an average rating of “Hold”.

View Our Latest Research Report on RAIFY

Raiffeisen Bank International Trading Down 1.0%

The company has a market capitalization of $13.32 billion, a price-to-earnings ratio of 14.25 and a beta of 1.10. The company has a 50 day moving average price of $9.16 and a 200 day moving average price of $8.33.

Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a positive return on equity of 3.09% and a negative net margin of 0.14%.The business had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Company Profile

(Get Free Report)

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.

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