Raiffeisen Bank International (OTCMKTS:RAIFF) Trading Up 34.2% – What’s Next?

Raiffeisen Bank International AG (OTCMKTS:RAIFF)’s share price was up 34.2% during mid-day trading on Friday . The company traded as high as $42.9375 and last traded at $42.9375. Approximately 200 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 3,833 shares. The stock had previously closed at $32.00.

Analyst Ratings Changes

Separately, Citigroup cut shares of Raiffeisen Bank International to a “neutral” rating in a report on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Raiffeisen Bank International Trading Up 34.2%

The company has a 50-day moving average price of $36.21 and a 200-day moving average price of $32.04.

About Raiffeisen Bank International

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.