Xero (OTCMKTS:XROLF) Shares Down 4% – Here’s What Happened

Xero Limited (OTCMKTS:XROLFGet Free Report)’s share price dropped 4% during trading on Friday . The company traded as low as $112.17 and last traded at $113.24. Approximately 484 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 562 shares. The stock had previously closed at $118.00.

Xero Price Performance

The business has a 50 day moving average price of $116.79 and a 200 day moving average price of $108.59.

Xero Company Profile

(Get Free Report)

Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the United Kingdom, and internationally. The company offers Xero, an open platform that connects small businesses to a range of solutions, which helps to manage their finances. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook or Xero Ledger.

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