Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High - Here's Why

Key Points

• Raiffeisen Bank International AG hit a new 52-week high of $9.13, with the stock last trading at $8.91 and a volume of 4,334 shares exchanged.
• The company reported a negative net margin of 0.56% and earnings per share of ($0.50) for its last quarter, with revenue totaling $2.63 billion.
• Raiffeisen Bank International has a market capitalization of $11.73 billion and a P/E ratio of 4.79, indicating potential value for investors.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $9.13 and last traded at $8.91, with a volume of 4334 shares trading hands. The stock had previously closed at $8.87.

Raiffeisen Bank International Stock Up 4.8%

The company's fifty day simple moving average is $7.56 and its 200 day simple moving average is $6.99. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 4.89 and a beta of 1.37.

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