Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 52-Week High – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $9.86 and last traded at $9.86, with a volume of 1302 shares changing hands. The stock had previously closed at $9.3340.

Analyst Ratings Changes

Separately, Barclays cut shares of Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Raiffeisen Bank International Stock Down 3.0%

The firm has a market cap of $12.58 billion, a PE ratio of 13.46 and a beta of 1.34. The firm’s fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $8.13.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a negative net margin of 0.56% and a positive return on equity of 2.89%. The firm had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.