Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Time to Sell?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped down prior to trading on Friday. The stock had previously closed at $16.4930, but opened at $15.40. Raiffeisen Bank International shares last traded at $14.98, with a volume of 740 shares changing hands.

Raiffeisen Bank International Price Performance

The company has a market capitalization of $20.25 billion, a P/E ratio of 7.35 and a beta of 1.31. The stock’s fifty day simple moving average is $17.59 and its 200-day simple moving average is $15.82.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%. The firm had revenue of $2.67 billion during the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to corporate and institutional clients, as well as retail customers, with activities spanning commercial banking, investment banking, payments, leasing, and asset management.

RBI serves customers in Austria and across Central and Eastern Europe through subsidiaries and affiliated financial institutions. Its offerings include loans and deposits, cash management, trade finance, foreign-exchange and capital-markets services, payment solutions, and personal banking products.