Fiera Capital (OTCMKTS:FRRPF) Trading Up 7.9% – What’s Next?

Shares of Fiera Capital Co. (OTCMKTS:FRRPF) were up 7.9% during trading on Monday . The company traded as high as $3.29 and last traded at $3.29. Approximately 408,405 shares were traded during trading, an increase of 1,721% from the average daily volume of 22,432 shares. The stock had previously closed at $3.05.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FRRPF. BMO Capital Markets restated a “market perform” rating on shares of Fiera Capital in a report on Thursday, July 23rd. Royal Bank Of Canada reissued a “sector perform” rating on shares of Fiera Capital in a report on Monday, August 10th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Fiera Capital currently has an average rating of “Hold”.

Fiera Capital Stock Performance

The company’s 50 day simple moving average is $3.49 and its 200-day simple moving average is $3.82.

About Fiera Capital

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.