Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

Key Points

• Raiffeisen Bank International shares have crossed above their 50-day moving average of $8.01, recently trading at $8.62 with a volume of 3,140 shares.
• The bank reported a negative earnings per share of ($0.50) for the last quarter, with a positive return on equity at 2.89% and revenue of $2.63 billion.
• Raiffeisen Bank International has a market capitalization of $11.34 billion, a P/E ratio of 4.63, and a beta of 1.41, indicating its stock volatility compared to the market.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.01 and traded as high as $8.62. Raiffeisen Bank International shares last traded at $8.62, with a volume of 3,140 shares traded.

Raiffeisen Bank International Stock Performance

The stock has a market capitalization of $11.34 billion, a P/E ratio of 4.63 and a beta of 1.41. The stock's fifty day simple moving average is $8.01 and its two-hundred day simple moving average is $7.31.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last posted its earnings results 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 for the quarter.

About Raiffeisen Bank International

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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