Scully Royalty Ltd. (NYSE:SRL - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.74 and traded as low as $6.70. Scully Royalty shares last traded at $6.84, with a volume of 5,256 shares trading hands.
Scully Royalty Price Performance
The business has a 50-day moving average of $7.65 and a 200 day moving average of $7.67.
Institutional Investors Weigh In On Scully Royalty
An institutional investor recently bought a new position in Scully Royalty stock. SVB Wealth LLC bought a new position in Scully Royalty Ltd. (NYSE:SRL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned about 0.15% of Scully Royalty at the end of the most recent reporting period. 41.96% of the stock is currently owned by institutional investors and hedge funds.
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.
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