Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Price Up 5.7% – Here’s What Happened

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

Raiffeisen Bank International Price Performance

The stock has a market capitalization of $20.63 billion, a P/E ratio of 7.48 and a beta of 1.31. The stock’s 50-day simple moving average is $17.41 and its 200 day simple moving average is $14.59.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. The company 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.