Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $7.19 and last traded at $7.10, with a volume of 31605 shares. The stock had previously closed at $6.51.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Raiffeisen Bank International to a “strong-buy” rating in a report on Monday, February 10th.

Raiffeisen Bank International Trading Up 9.0 %

The firm’s fifty day simple moving average is $5.70 and its two-hundred day simple moving average is $5.10. The company has a market capitalization of $9.34 billion, a price-to-earnings ratio of 3.81 and a beta of 1.52.

Raiffeisen Bank International Company Profile

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.