FirstRand Limited (OTCMKTS:FANDF – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $5.59 and traded as high as $5.83. FirstRand shares last traded at $5.83, with a volume of 105 shares.
FirstRand Stock Up 11.8%
The company’s fifty day moving average is $5.61 and its two-hundred day moving average is $5.59.
About FirstRand
FirstRand Limited is a South African financial services group headquartered in Johannesburg. The company provides banking, lending, investment, insurance and related financial services through a portfolio of specialized businesses and brands.
Its principal businesses include First National Bank (FNB), which offers retail, commercial and business banking, payments and digital financial services; Rand Merchant Bank (RMB), which provides corporate and investment banking, advisory, financing and markets services; and WesBank, which specializes in vehicle and asset finance.
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