Raiffeisen Bank International (OTCMKTS:RAIFY) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.85 and traded as high as $5.19. Raiffeisen Bank International shares last traded at $5.19, with a volume of 138 shares changing hands.

Raiffeisen Bank International Stock Up 1.8 %

The stock has a market capitalization of $6.83 billion, a P/E ratio of 2.79 and a beta of 1.52. The company has a 50-day moving average price of $4.85 and a two-hundred day moving average price of $4.75.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $0.61 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 17.21% and a return on equity of 11.45%. The business had revenue of $2.48 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.