Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Time to Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped up before the market opened on Tuesday. The stock had previously closed at $16.2160, but opened at $17.6275. Raiffeisen Bank International shares last traded at $17.13, with a volume of 1,148 shares.

Raiffeisen Bank International Stock Up 2.7%

The firm has a 50 day simple moving average of $17.07 and a two-hundred day simple moving average of $14.89. The stock has a market capitalization of $23.25 billion, a P/E ratio of 9.91 and a beta of 1.34.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its earnings results on Tuesday, November 3rd. The financial services provider reported $0.31 EPS for the quarter. The firm had revenue of $2.66 billion during the quarter. Raiffeisen Bank International had a return on equity of 9.09% and a net margin of 16.10%.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG is an Austrian banking group headquartered in Vienna. It provides banking and related financial services to corporate, institutional and retail customers, with a business focused on Austria and selected markets in Central and Eastern Europe. Its services include corporate and retail banking, financing, payments, trade finance and investment banking. The group also offers products such as deposits, loans and cash-management services, with offerings tailored to the needs of businesses and individuals in the markets it serves.