Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Cross Above 50 Day Moving Average - Should You Sell?

Key Points

• Raiffeisen Bank International's stock price has crossed above its 50-day moving average of $7.75, trading recently at $8.29.
• The bank reported a quarterly earnings loss of ($0.50) per share, with a negative net margin of 0.56% and revenue of $2.63 billion.
• The company's current market capitalization stands at $10.91 billion with a PE ratio of 4.46.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.75 and traded as high as $8.40. Raiffeisen Bank International shares last traded at $8.29, with a volume of 1,493 shares.

Raiffeisen Bank International Stock Down 1.9%

The stock's 50 day moving average is $7.75 and its two-hundred day moving average is $7.15. The company has a market capitalization of $10.91 billion, a PE ratio of 4.46 and a beta of 1.37.

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 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.

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