Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $8.57 and traded as high as $8.93. Raiffeisen Bank International shares last traded at $8.45, with a volume of 20,516 shares.
Wall Street Analyst Weigh In
Separately, Barclays cut shares of Raiffeisen Bank International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Raiffeisen Bank International currently has an average rating of "Hold".
Read Our Latest Analysis on RAIFY
Raiffeisen Bank International Stock Performance
The stock's fifty day moving average is $8.57 and its two-hundred day moving average is $7.58. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of 4.54 and a beta of 1.35.
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 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
(
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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