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Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up - Here's What Happened

Raiffeisen Bank International logo with Finance background

Key Points

  • Raiffeisen Bank International's shares experienced a significant increase, gapping up from $8.68 to $9.11 prior to trading on Friday.
  • The company reported a loss of ($0.50) EPS for the last quarter, with revenues of $2.63 billion and a return on equity of 2.89%.
  • Raiffeisen Bank International has a market capitalization of $11.97 billion and a relatively low price-to-earnings ratio of 4.89.
  • Looking to export and analyze Raiffeisen Bank International data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $8.68, but opened at $9.11. Raiffeisen Bank International shares last traded at $9.11, with a volume of 404 shares trading hands.

Raiffeisen Bank International Price Performance

The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 4.89 and a beta of 1.37. The business has a fifty day moving average price of $7.54 and a two-hundred day moving average price of $6.96.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The financial services provider reported ($0.50) 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 company had revenue of $2.63 billion during the quarter.

Raiffeisen Bank International Company Profile

(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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