Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $15.44, but opened at $16.77. Raiffeisen Bank International shares last traded at $16.77, with a volume of 400 shares traded.

Raiffeisen Bank International Trading Up 1.9%

The stock’s 50 day moving average price is $17.53 and its two-hundred day moving average price is $14.55. The firm has a market capitalization of $20.60 billion, a PE ratio of 7.47 and a beta of 1.31.

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

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.

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