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Scully Royalty (NYSE:SRL) Stock Price Crosses Below 50 Day Moving Average - What's Next?

Scully Royalty logo with Multi-Sector Conglomerates background

Key Points

  • Scully Royalty Ltd. (NYSE:SRL) has seen its share price fall below its 50-day moving average of $5.67, trading as low as $5.23 before closing at $5.33.
  • The company operates as an iron ore mining firm across various regions and has a debt-to-equity ratio of 0.12, indicating a relatively low level of debt.
  • Scully Royalty's 200-day moving average stands at $6.71, highlighting a potential for recovery in trading performance.
  • MarketBeat previews the top five stocks to own by November 1st.

Scully Royalty Ltd. (NYSE:SRL - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.67 and traded as low as $5.23. Scully Royalty shares last traded at $5.33, with a volume of 852 shares trading hands.

Scully Royalty Stock Down 0.4%

The business's 50-day moving average is $5.63 and its two-hundred day moving average is $6.64. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.56 and a quick ratio of 4.56.

Scully Royalty Company Profile

(Get Free Report)

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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