Central Securities (NYSEAMERICAN:CET) Stock Price Down 0.1% - Should You Sell?

Key Points

• Central Securities Corporation's stock (NYSEAMERICAN:CET) dropped by 0.1%, trading at $48.47 after reaching a low of the same price during Wednesday's session.
• The trading volume was approximately 4,592 shares, representing a 51% decline from its average daily volume of 9,319 shares.
• Central Securities operates as a publicly owned investment manager, focusing on investments in various assets including public equity markets, bonds, and real estate.

Central Securities Corporation (NYSEAMERICAN:CET - Get Free Report)'s share price traded down 0.1% during trading on Wednesday . The stock traded as low as $48.47 and last traded at $48.47. 4,592 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 9,319 shares. The stock had previously closed at $48.50.

Central Securities Trading Down 1.4%

The stock has a 50-day simple moving average of $47.63.

Central Securities Company Profile

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.