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Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 52-Week High - Here's Why

Raiffeisen Bank International logo with Finance background

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $7.99 and last traded at $7.99, with a volume of 140 shares changing hands. The stock had previously closed at $7.51.

Raiffeisen Bank International Stock Performance

The firm has a market cap of $9.72 billion, a PE ratio of 3.97 and a beta of 1.34. The company's 50-day simple moving average is $7.45 and its two-hundred day simple moving average is $6.56.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The financial services provider reported $0.54 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 6.51% and a return on equity of 8.81%. The business had revenue of $2.39 billion during the quarter.

About Raiffeisen Bank International

(Get Free Report)

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.

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