Scully Royalty Ltd. (NYSE:SRL - Get Free Report)'s stock price fell 2.6% during mid-day trading on Friday . The company traded as low as $5.95 and last traded at $5.91. 1,480 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 8,764 shares. The stock had previously closed at $6.07.
Scully Royalty Trading Up 1.6%
The company has a quick ratio of 4.56, a current ratio of 4.56 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of $6.52 and a 200-day simple moving average of $7.42.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Scully Royalty stock. Nantahala Capital Management LLC grew its holdings in Scully Royalty Ltd. (NYSE:SRL - Free Report) by 54.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 368,596 shares of the financial services provider's stock after acquiring an additional 129,399 shares during the period. Nantahala Capital Management LLC owned about 2.49% of Scully Royalty worth $3,410,000 as of its most recent SEC filing. 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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