FirstRand (OTCMKTS:FANDF) Trading Down 5% – What’s Next?

Shares of FirstRand Limited (OTCMKTS:FANDFGet Free Report) dropped 5% on Friday . The stock traded as low as $3.80 and last traded at $3.80. Approximately 25,870 shares were traded during mid-day trading, an increase of 2,076% from the average daily volume of 1,189 shares. The stock had previously closed at $4.00.

FirstRand Price Performance

The business has a 50 day simple moving average of $4.21 and a 200-day simple moving average of $4.40.

About FirstRand

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FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, Europe, Asia, the United States, and Australia. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages.

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