Raiffeisen Bank International (OTCMKTS:RAIFY) Sees Strong Trading Volume - Still a Buy?

Key Points

• Raiffeisen Bank International's shares experienced a 190% increase in trading volume, with 33,896 shares traded on a recent Friday session.
• The stock is currently priced at $7.00, down 3.2% from a previous close of $7.38, and has a market capitalization of $9.40 billion.
• In its latest quarterly earnings report, Raiffeisen Bank International posted an EPS of ($0.50) and reported revenue of $2.63 billion for the quarter.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) shares saw an uptick in trading volume on Friday . 33,896 shares were traded during mid-day trading, an increase of 190% from the previous session's volume of 11,678 shares.The stock last traded at $7.00 and had previously closed at $7.38.

Raiffeisen Bank International Trading Down 1.3%

The stock has a market cap of $9.58 billion, a price-to-earnings ratio of 3.91 and a beta of 1.37. The stock's 50-day moving average price is $7.45 and its 200-day moving average price is $6.79.

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 firm had revenue of $2.63 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.