Scully Royalty Ltd. (NYSE:SRL - Get Free Report) fell 2.6% during trading on Friday . The stock traded as low as $5.95 and last traded at $5.91. 1,480 shares were traded 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 Stock Down 2.6%
The company's 50 day moving average price is $6.52 and its 200 day moving average price is $7.41. The company has a quick ratio of 4.56, a current ratio of 4.56 and a debt-to-equity ratio of 0.12.
Institutional Trading of Scully Royalty
A hedge fund recently raised its stake in Scully Royalty stock. Nantahala Capital Management LLC grew its stake in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) by 54.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 368,596 shares of the financial services provider's stock after purchasing an additional 129,399 shares during the quarter. Nantahala Capital Management LLC owned approximately 2.49% of Scully Royalty worth $3,410,000 as of its most recent filing with the Securities and Exchange Commission. 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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