Raiffeisen Bank International (OTCMKTS:RAIFY) Sees Unusually-High Trading Volume – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) saw strong trading volume on Monday. 37,003 shares were traded during mid-day trading, an increase of 116% from the average daily volume of 17,142 shares. The stock last traded at $15.9350 and had previously closed at $15.6050.

Raiffeisen Bank International Trading Up 1.7%

The firm has a 50-day simple moving average of $17.29 and a two-hundred day simple moving average of $14.66. The company has a market capitalization of $20.83 billion, a price-to-earnings ratio of 7.55 and a beta of 1.34.

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 (EPS) for the quarter. The business had revenue of $2.67 billion during the quarter. Raiffeisen Bank International had a return on equity of 10.94% and a net margin of 19.31%.

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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