Raiffeisen Bank International (OTCMKTS:RAIFF) Trading Down 5% – Time to Sell?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFF) fell 5% on Thursday . The company traded as low as $49.95 and last traded at $49.95. 110 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 178 shares. The stock had previously closed at $52.5875.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on RAIFF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Raiffeisen Bank International in a research report on Monday, January 26th. Citigroup reiterated a “neutral” rating on shares of Raiffeisen Bank International in a research note on Wednesday, February 4th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Raiffeisen Bank International currently has a consensus rating of “Hold”.

Raiffeisen Bank International Price Performance

The business’s 50-day moving average price is $41.40 and its two-hundred day moving average price is $36.25.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.