Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Price Down 6.7% – What’s Next?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price traded down 6.7% on Thursday . The company traded as low as $10.57 and last traded at $10.9450. 5,272 shares were traded during mid-day trading, a decline of 65% from the average session volume of 15,041 shares. The stock had previously closed at $11.73.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Raiffeisen Bank International currently has a consensus rating of “Hold”.

Raiffeisen Bank International Stock Down 4.7%

The stock has a fifty day moving average of $9.56 and a 200-day moving average of $8.54. The firm has a market capitalization of $13.79 billion, a P/E ratio of 14.76 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its earnings results on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The company had revenue of $2.63 billion for the quarter. Raiffeisen Bank International had a negative net margin of 0.14% and a positive return on equity of 3.09%.

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.