Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Time to Buy?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped up before the market opened on Tuesday. The stock had previously closed at $16.5217, but opened at $17.49. Raiffeisen Bank International shares last traded at $17.49, with a volume of 2,267 shares traded.

Raiffeisen Bank International Trading Up 3.2%

The stock has a market cap of $22.39 billion, a price-to-earnings ratio of 8.12 and a beta of 1.31. The company’s fifty day moving average is $18.02 and its two-hundred day moving average is $15.35.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Friday, July 31st. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a return on equity of 10.94% and a net margin of 19.31%.The firm had revenue of $2.67 billion during the quarter.

About Raiffeisen Bank International

Raiffeisen Bank International AG is an Austrian banking group headquartered in Vienna. The company provides financial services to corporate, institutional and retail customers, including deposit accounts, lending, payment services, trade finance, investment banking, asset management and treasury solutions.

RBI serves customers in Austria and across Central and Eastern Europe through its banking subsidiaries and branch network. Its regional activities have included markets such as Albania, Bosnia and Herzegovina, Croatia, the Czech Republic, Hungary, Kosovo, Romania, Serbia and Slovakia, although its presence and operations may change over time.