Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.65 and traded as low as $4.37. Raiffeisen Bank International shares last traded at $4.37, with a volume of 597 shares.

Raiffeisen Bank International Stock Performance

The stock has a 50 day moving average price of $4.73 and a two-hundred day moving average price of $4.64. The company has a market capitalization of $5.75 billion, a PE ratio of 2.31 and a beta of 1.58.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.52 earnings per share for the quarter. Raiffeisen Bank International had a return on equity of 12.06% and a net margin of 17.22%. The business had revenue of $2.43 billion for the quarter.

Raiffeisen Bank International Company Profile

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.