Scully Royalty Ltd. (NYSE:SRL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $7.46 and traded as low as $6.12. Scully Royalty shares last traded at $6.53, with a volume of 10,331 shares changing hands.
Scully Royalty Trading Down 1.1%
The company's 50-day simple moving average is $7.39 and its two-hundred day simple moving average is $7.59.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Scully Royalty stock. SVB Wealth LLC bought a new stake in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned approximately 0.15% of Scully Royalty as of its most recent SEC filing. 41.96% of the stock is owned by hedge funds and other institutional investors.
Scully Royalty Company Profile
(
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Scully Royalty Ltd. operates as an iron ore mining company in the Americas, Africa, Canada, Asia, and Europe. It operates through three segments: Royalty, Industrial, and Merchant Banking. The company holds royalty interest in the Scully iron ore mine located in the Province of Newfoundland and Labrador, Canada.
Further Reading
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