Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 52-Week High – What’s Next?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares hit a new 52-week high on Friday . The stock traded as high as $17.17 and last traded at $17.17, with a volume of 628 shares trading hands. The stock had previously closed at $16.6150.

Raiffeisen Bank International Trading Up 3.3%

The business has a 50 day simple moving average of $15.35 and a two-hundred day simple moving average of $13.31. The company has a market cap of $22.54 billion, a PE ratio of 8.18 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Friday, July 31st. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a return on equity of 5.13% and a net margin of 9.35%.The firm had revenue of $2.67 billion during the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.