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Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Up 7.3% - Here's Why

Raiffeisen Bank International logo with Finance background

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report)'s share price traded up 7.3% during mid-day trading on Thursday . The company traded as high as $5.02 and last traded at $5.02. 22,270 shares were traded during mid-day trading, an increase of 655% from the average session volume of 2,951 shares. The stock had previously closed at $4.68.

Raiffeisen Bank International Price Performance

The firm's 50-day simple moving average is $4.70 and its two-hundred day simple moving average is $4.64. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 2.72 and a beta of 1.56.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $2.48 billion during the quarter. Raiffeisen Bank International had a net margin of 17.21% and a return on equity of 11.45%.

Raiffeisen Bank International Company Profile

(Get Free Report)

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.

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