Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.85 and traded as high as $5.19. Raiffeisen Bank International shares last traded at $5.19, with a volume of 138 shares.

Raiffeisen Bank International Stock Up 1.8 %

The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 2.79 and a beta of 1.52. The company has a 50 day simple moving average of $4.85 and a 200 day simple moving average of $4.75.

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

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.