Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 52-Week High – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares hit a new 52-week high on Tuesday . The company traded as high as $6.85 and last traded at $6.80, with a volume of 1524 shares trading hands. The stock had previously closed at $6.60.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Raiffeisen Bank International to a “strong-buy” rating in a research note on Monday, February 10th.

Raiffeisen Bank International Price Performance

The stock has a 50-day simple moving average of $5.51 and a 200-day simple moving average of $5.01. The stock has a market cap of $8.95 billion, a PE ratio of 3.66 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.