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Raiffeisen Bank International (OTCMKTS:RAIFY) Share Price Passes Above 50 Day Moving Average - What's Next?

Raiffeisen Bank International logo with Finance background

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.45 and traded as high as $7.70. Raiffeisen Bank International shares last traded at $7.39, with a volume of 3,796 shares changing hands.

Raiffeisen Bank International Stock Performance

The company has a market cap of $9.72 billion, a price-to-earnings ratio of 3.97 and a beta of 1.34. The company has a fifty day moving average of $7.45 and a two-hundred day moving average of $6.57.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last released its quarterly earnings data 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 8.81% and a net margin of 6.51%. The company had revenue of $2.39 billion for 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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