Shares of Scully Royalty Ltd. (NYSE:SRL - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.24 and traded as low as $6.30. Scully Royalty shares last traded at $6.59, with a volume of 6,979 shares.
Scully Royalty Trading Down 1.0%
The business's fifty day moving average is $7.19 and its 200 day moving average is $7.56.
Institutional Trading of Scully Royalty
A hedge fund recently bought a new stake in Scully Royalty stock. SVB Wealth LLC purchased a new stake in Scully Royalty Ltd. (NYSE:SRL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 at the end of the most recent reporting period. Institutional investors and hedge funds 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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