Raiffeisen Bank International (OTCMKTS:RAIFY) Trading Up 3.8% – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price traded up 3.8% on Wednesday . The stock traded as high as $18.50 and last traded at $18.50. Approximately 170 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 14,436 shares. The stock had previously closed at $17.83.

Raiffeisen Bank International Stock Up 4.8%

The company has a 50 day moving average of $17.69 and a two-hundred day moving average of $14.94. The firm has a market cap of $24.69 billion, a P/E ratio of 8.96 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. The firm had revenue of $2.67 billion during the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%.

About Raiffeisen Bank International

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to individuals, small and medium-sized businesses, corporate clients and institutional customers.

Its product and service offerings include current and savings accounts, consumer and mortgage lending, business financing, payment services, investment and wealth management, trade finance, leasing, and corporate and investment banking. RBI also serves larger clients through capital-markets, treasury and advisory services.

Raiffeisen Bank International operates in Austria and has historically maintained a broad network of banking subsidiaries and branches across Central and Eastern Europe, including markets such as the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Croatia, Serbia, Bosnia and Herzegovina, Kosovo and Ukraine.