Fiera Capital (OTCMKTS:FRRPF) Shares Down 3% – Here’s Why

Fiera Capital Co. (OTCMKTS:FRRPF)’s stock price dropped 3% during mid-day trading on Thursday . The stock traded as low as $4.20 and last traded at $4.20. Approximately 39,652 shares were traded during trading, an increase of 201% from the average daily volume of 13,194 shares. The stock had previously closed at $4.33.

Analysts Set New Price Targets

Separately, Desjardins reiterated a “hold” rating on shares of Fiera Capital in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Fiera Capital has an average rating of “Hold”.

Fiera Capital Price Performance

The business’s 50-day moving average is $4.39 and its 200 day moving average is $4.58.

Fiera Capital Company Profile

Fiera Capital is an independent global asset management firm headquartered in Montreal, Canada. The company offers a broad range of investment solutions, including public and private fixed income, global and regional equity mandates, multi‐asset strategies, alternative investments and private credit. Fiera Capital serves institutional, retail and high‐net‐worth clients through mutual funds, exchange-traded funds, segregated mandates and customized managed accounts.

Founded in 2003, Fiera Capital has grown its international presence through strategic expansions and acquisitions, establishing offices in key financial centers across North America, Europe and Asia.