Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares 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 changing hands.

Raiffeisen Bank International Stock Up 1.0%

The company has a market capitalization of $22.79 billion, a PE ratio of 9.98 and a beta of 1.34. The stock’s fifty day moving average price is $17.10 and its two-hundred day moving average price is $14.83.

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

About Raiffeisen Bank International

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.

The company traces its roots to Austria’s Raiffeisen banking network, whose central institution was established in 1927.