Shares of FirstRand Limited (OTCMKTS:FANDF – Get Free Report) dropped 0.1% on Thursday . The company traded as low as $5.8225 and last traded at $5.8225. 5,000 shares were traded during mid-day trading, an increase of 559% from the average session volume of 759 shares. The stock had previously closed at $5.83.
FirstRand Stock Performance
The firm has a 50 day moving average price of $5.61 and a 200-day moving average price of $5.57.
About FirstRand
FirstRand Limited is a South African financial services group headquartered in Johannesburg. Established in 1998 through the consolidation of First National Bank of South Africa and Rand Merchant Bank, the company has grown into one of the continent’s leading providers of banking and financial products. FirstRand operates a diversified financial-services platform that spans retail, commercial and corporate banking.
The group’s main operating divisions include First National Bank (FNB), which offers personal and small-business banking; Rand Merchant Bank (RMB), specializing in corporate and investment banking; WesBank, a provider of vehicle and asset finance; and Ashburton Investments, which delivers asset management and tailored investment solutions.
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