Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Breaks Below 200-Day Moving Average – Here’s What Happened

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $15.82 and traded as low as $15.66. Raiffeisen Bank International shares last traded at $15.6850, with a volume of 26,163 shares.

Raiffeisen Bank International Trading Down 1.6%

The firm has a market capitalization of $20.27 billion, a PE ratio of 7.35 and a beta of 1.31. The firm has a 50-day moving average of $17.53 and a two-hundred day moving average of $15.82.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The firm 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%.

About Raiffeisen Bank International

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to corporate and institutional clients, as well as retail customers, with activities spanning commercial banking, investment banking, payments, leasing, and asset management.

RBI serves customers in Austria and across Central and Eastern Europe through subsidiaries and affiliated financial institutions. Its offerings include loans and deposits, cash management, trade finance, foreign-exchange and capital-markets services, payment solutions, and personal banking products.