Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 52-Week High – Time to Buy?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) reached a new 52-week high during trading on Thursday . The stock traded as high as $5.64 and last traded at $5.64, with a volume of 315 shares trading hands. The stock had previously closed at $5.05.

Raiffeisen Bank International Stock Down 2.5 %

The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 2.96 and a beta of 1.52. The company’s 50-day simple moving average is $4.94 and its 200-day simple moving average is $4.79.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a return on equity of 11.16% and a net margin of 17.21%. The business had revenue of $2.48 billion for the quarter.

About Raiffeisen Bank International

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.