Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Pass Below 200 Day Moving Average of $4.69

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.69 and traded as low as $4.31. Raiffeisen Bank International shares last traded at $4.71, with a volume of 499 shares traded.

Raiffeisen Bank International Stock Performance

The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 2.52 and a beta of 1.64. The stock’s 50-day simple moving average is $5.01 and its two-hundred day simple moving average is $4.69.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Thursday, February 22nd. The financial services provider reported $0.20 earnings per share for the quarter. The firm had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a net margin of 16.74% and a return on equity of 12.19%.

Raiffeisen Bank International Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 26th. Shareholders of record on Wednesday, April 10th were given a dividend of $0.2151 per share. This is a positive change from Raiffeisen Bank International’s previous dividend of $0.14. The ex-dividend date was Tuesday, April 9th. This represents a yield of 4.39%. Raiffeisen Bank International’s payout ratio is currently 11.23%.

About Raiffeisen Bank International

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.