Shares of Scully Royalty Ltd. (NYSE:SRL - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $7.06 and traded as low as $5.98. Scully Royalty shares last traded at $6.09, with a volume of 684 shares trading hands.
Scully Royalty Trading Down 0.3%
The company has a debt-to-equity ratio of 0.12, a current ratio of 4.56 and a quick ratio of 4.56. The firm has a 50-day moving average of $7.02 and a 200-day moving average of $7.51.
Hedge Funds Weigh In On Scully Royalty
A hedge fund recently bought a new stake in Scully Royalty stock. SVB Wealth LLC purchased a new stake in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned 0.15% of Scully Royalty at the end of the most recent reporting period. Hedge funds and other institutional investors own 41.96% of the company's stock.
About Scully Royalty
(
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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.
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