Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Should You Sell?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares gapped down before the market opened on Friday . The stock had previously closed at $11.4310, but opened at $10.90. Raiffeisen Bank International shares last traded at $10.90, with a volume of 8,656 shares traded.

Analyst Upgrades and Downgrades

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

Raiffeisen Bank International Stock Down 2.6%

The stock’s fifty day moving average is $10.40 and its two-hundred day moving average is $8.98. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 15.68 and a beta of 1.11.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 EPS for the quarter. The company had revenue of $2.63 billion during 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 (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.