Raiffeisen Bank International (OTCMKTS:RAIFY) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.81 and traded as high as $5.20. Raiffeisen Bank International shares last traded at $5.20, with a volume of 608 shares.

Raiffeisen Bank International Price Performance

The company has a 50-day simple moving average of $4.81 and a 200-day simple moving average of $4.72. The stock has a market cap of $6.47 billion, a PE ratio of 2.65 and a beta of 1.56.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a net margin of 17.21% and a return on equity of 11.45%. The business had revenue of $2.48 billion during 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.