Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.55 and traded as high as $6.64. Raiffeisen Bank International shares last traded at $6.40, with a volume of 6,661 shares traded.
Analysts Set New Price Targets
Separately, Barclays upgraded Raiffeisen Bank International to a "strong-buy" rating in a research report on Monday, February 10th.
Get Our Latest Stock Analysis on RAIFY
Raiffeisen Bank International Stock Performance
The company has a market cap of $8.74 billion, a price-to-earnings ratio of 3.57 and a beta of 1.30. The firm's 50-day moving average price is $6.55 and its 200 day moving average price is $5.67.
Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The financial services provider reported $0.54 earnings per share for the quarter. Raiffeisen Bank International had a return on equity of 11.16% and a net margin of 17.21%. The company had revenue of $2.39 billion for the quarter.
Raiffeisen Bank International Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, April 17th. Stockholders of record on Tuesday, April 1st were paid a $0.2983 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Raiffeisen Bank International's previous dividend of $0.22. Raiffeisen Bank International's dividend payout ratio is 9.68%.
Raiffeisen Bank International Company Profile
(
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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.
Further Reading
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