Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 12-Month High – Here’s Why

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) reached a new 52-week high during mid-day 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 Performance

The stock has a 50-day moving average price of $4.99 and a 200-day moving average price of $4.80.

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

Raiffeisen Bank International Company Profile

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.