Raiffeisen Bank International (OTCMKTS:RAIFY) Sees Large Volume Increase – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) saw an uptick in trading volume on Monday. 101,638 shares were traded during mid-day trading, an increase of 538% from the previous session’s volume of 15,920 shares. The stock last traded at $15.49 and had previously closed at $15.44.

Raiffeisen Bank International Stock Performance

The stock’s 50 day moving average price is $17.53 and its 200-day moving average price is $15.86. The company has a market cap of $20.19 billion, a PE ratio of 7.32 and a beta of 1.31.

Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%. The business had revenue of $2.67 billion during the quarter.

About Raiffeisen Bank International

(Get Free Report)

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to corporate and institutional clients, as well as retail customers, with activities spanning commercial banking, investment banking, payments, leasing, and asset management.

RBI serves customers in Austria and across Central and Eastern Europe through subsidiaries and affiliated financial institutions. Its offerings include loans and deposits, cash management, trade finance, foreign-exchange and capital-markets services, payment solutions, and personal banking products.

Further Reading

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