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

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $11.52, but opened at $10.48. Raiffeisen Bank International shares last traded at $10.61, with a volume of 6,006 shares trading hands.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Raiffeisen Bank International Price Performance

The stock has a market cap of $14.95 billion, a PE ratio of 10.52 and a beta of 1.10. The company has a 50 day moving average price of $11.86 and a two-hundred day moving average price of $10.23.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings data on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. Raiffeisen Bank International had a return on equity of 6.19% and a net margin of 10.91%.The company had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.