Xero (OTCMKTS:XROLF) Stock Price Down 2.2% – Here’s Why

Xero Limited (OTCMKTS:XROLFGet Free Report) traded down 2.2% during mid-day trading on Friday . The company traded as low as $103.73 and last traded at $103.73. 201 shares traded hands during trading, a decline of 67% from the average session volume of 607 shares. The stock had previously closed at $106.05.

Xero Stock Performance

The company’s fifty day moving average is $105.50 and its 200-day moving average is $98.25.

About Xero

(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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