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Raiffeisen Bank International (OTCMKTS:RAIFY) Sees Large Volume Increase - Should You Buy?

Raiffeisen Bank International logo with Finance background

Key Points

  • Raiffeisen Bank International experienced a significant trading volume surge of 669%, with approximately 92,639 shares traded on Monday.
  • The stock recently closed at $9.11, reflecting a slight increase from its previous close of $9.10.
  • For the last quarter, Raiffeisen reported a net loss of $0.50 earnings per share and a revenue of $2.63 billion, with a negative net margin of 0.56%.
  • Want stock alerts on Raiffeisen Bank International? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 92,639 shares changed hands during trading, an increase of 669% from the previous session's volume of 12,039 shares.The stock last traded at $9.11 and had previously closed at $9.10.

Raiffeisen Bank International Price Performance

The firm has a market cap of $11.99 billion, a price-to-earnings ratio of 4.90 and a beta of 1.37. The stock has a 50-day moving average of $7.56 and a 200-day moving average of $7.00.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Company Profile

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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