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Raiffeisen Bank International (OTCMKTS:RAIFY) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Raiffeisen Bank International logo with Finance background

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.10 and traded as high as $7.12. Raiffeisen Bank International shares last traded at $6.90, with a volume of 4,494 shares.

Raiffeisen Bank International Stock Down 6.1%

The company has a market cap of $9.08 billion, a P/E ratio of 3.71 and a beta of 1.37. The business's 50 day moving average is $7.10 and its 200 day moving average is $6.30.

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

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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