Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Passes Above 50-Day Moving Average – What’s Next?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.06 and traded as high as $5.77. Raiffeisen Bank International shares last traded at $5.77, with a volume of 1,513 shares.

Raiffeisen Bank International Price Performance

The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 3.01 and a beta of 1.52. The business’s 50-day moving average is $5.10 and its 200-day moving average is $4.83.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a return on equity of 11.16% and a net margin of 17.21%. The business had revenue of $2.48 billion during the quarter.

About Raiffeisen Bank International

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.