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

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $7.25 and last traded at $6.94, with a volume of 3718 shares traded. The stock had previously closed at $6.73.

Analyst Upgrades and Downgrades

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

Raiffeisen Bank International Stock Performance

The firm has a market capitalization of $9.13 billion, a P/E ratio of 3.73 and a beta of 1.49. The firm has a 50 day simple moving average of $6.20 and a two-hundred day simple moving average of $5.31.

Raiffeisen Bank International Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.2983 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s payout ratio is 10.75%.

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.