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Raiffeisen Bank International (OTCMKTS:RAIFY) Trading Down 6.1% - Here's Why

Raiffeisen Bank International logo with Finance background

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) fell 6.1% during mid-day trading on Monday . The company traded as low as $6.90 and last traded at $6.90. 118 shares changed hands during trading, a decline of 99% from the average session volume of 13,561 shares. The stock had previously closed at $7.35.

Raiffeisen Bank International Trading Up 0.3%

The company has a market capitalization of $9.66 billion, a PE ratio of 3.95 and a beta of 1.37. The stock has a fifty day simple moving average of $7.16 and a 200-day simple moving average of $6.35.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last posted its earnings results on Tuesday, May 6th. The financial services provider reported $0.54 EPS for the quarter. Raiffeisen Bank International had a return on equity of 8.81% and a net margin of 6.51%. The business had revenue of $2.39 billion for 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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