Raiffeisen Bank International (OTCMKTS:RAIFY) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.70 and traded as high as $11.7450. Raiffeisen Bank International shares last traded at $11.46, with a volume of 9,021 shares changing hands.

Analyst Ratings Changes

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

Raiffeisen Bank International Stock Performance

The company’s 50 day simple moving average is $10.70 and its 200-day simple moving average is $9.17. The firm has a market capitalization of $15.08 billion, a PE ratio of 16.14 and a beta of 1.11.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.67 earnings per share for the quarter. The firm 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 (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.