Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Time to Sell?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped down prior to trading on Wednesday . The stock had previously closed at $11.73, but opened at $10.9685. Raiffeisen Bank International shares last traded at $11.00, with a volume of 370 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Raiffeisen Bank International Price Performance

The company has a 50-day moving average of $9.61 and a 200 day moving average of $8.55. The company has a market cap of $14.82 billion, a PE ratio of 15.86 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The business had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a positive return on equity of 3.09% and a negative net margin of 0.14%.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.