Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 12-Month High - Still a Buy?

Key Points

• Raiffeisen Bank International's shares reached a new 52-week high of $8.10, significantly increasing from the previous close of $7.21, with a trading volume of 9,631 shares.
• The bank reported a loss of $0.50 earnings per share for the most recent quarter, with revenues of $2.63 billion and a return on equity of 2.89%.
• Raiffeisen has a current market cap of $10.72 billion and a PE ratio of 4.38, indicating its financial performance and valuation metrics.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $8.10 and last traded at $8.10, with a volume of 9631 shares traded. The stock had previously closed at $7.21.

Raiffeisen Bank International Price Performance

The company has a market cap of $10.72 billion, a PE ratio of 4.38 and a beta of 1.37. The stock has a 50 day simple moving average of $7.44 and a two-hundred day simple moving average of $6.82.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported ($0.50) earnings per share (EPS) for the quarter. Raiffeisen Bank International had a positive return on equity of 2.89% and a negative net margin of 0.56%. The business had revenue of $2.63 billion during the quarter.

Raiffeisen Bank International Company Profile

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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