Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 52-Week High – Time to Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $9.86 and last traded at $9.86, with a volume of 1302 shares. The stock had previously closed at $9.3340.

Analyst Upgrades and Downgrades

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 currently has a consensus rating of “Hold”.

Raiffeisen Bank International Price Performance

The firm’s fifty day moving average price is $8.77 and its 200-day moving average price is $8.09. The company has a market cap of $12.97 billion, a price-to-earnings ratio of 13.89 and a beta of 1.34.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share for the quarter. The business had revenue of $2.63 billion for the quarter. Raiffeisen Bank International had a negative net margin of 0.56% and a positive return on equity of 2.89%.

Raiffeisen Bank International Company Profile

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.