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

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $18.79, but opened at $19.55. Raiffeisen Bank International shares last traded at $19.55, with a volume of 439 shares traded.

Raiffeisen Bank International Price Performance

The company has a market cap of $25.08 billion, a price-to-earnings ratio of 9.10 and a beta of 1.24. The stock has a 50-day moving average price of $17.30 and a 200 day moving average price of $14.55.

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

About Raiffeisen Bank International

(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.

Further Reading

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