Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $16.14, but opened at $15.00. Raiffeisen Bank International shares last traded at $15.00, with a volume of 605 shares trading hands.

Raiffeisen Bank International Stock Performance

The stock’s 50 day simple moving average is $14.85 and its 200 day simple moving average is $12.95. The firm has a market cap of $19.69 billion, a PE ratio of 16.13 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.13%. The firm had revenue of $2.59 billion for the quarter.

About Raiffeisen Bank International

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.