Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Time to Sell?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $14.90, but opened at $13.86. Raiffeisen Bank International shares last traded at $13.86, with a volume of 2,828 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Raiffeisen Bank International Stock Down 7.0%

The firm’s 50-day moving average is $12.05 and its 200-day moving average is $11.33. The company has a market capitalization of $18.20 billion, a PE ratio of 14.90 and a beta of 1.25.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its earnings results on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.23%. The company had revenue of $2.59 billion during 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.