Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Jumps 5.7% – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) rose 5.7% during trading on Wednesday. The stock traded as high as $16.2650 and last traded at $16.2650. Approximately 1,342 shares were traded during mid-day trading, a decline of 92% from the average session volume of 16,898 shares. The stock had previously closed at $15.39.

Raiffeisen Bank International Stock Up 2.8%

The firm has a 50 day moving average price of $17.33 and a 200 day moving average price of $14.64. The stock has a market cap of $21.31 billion, a P/E ratio of 7.52 and a beta of 1.31.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share (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.

Raiffeisen Bank International Company Profile

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.