Scully Royalty (NYSE:SRL) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Scully Royalty (NYSE:SRL) to a "hold" while Weiss Ratings reaffirmed a "sell (d)," leaving the consensus rating at "Sell".
• SRL opened at $8.87 and was down 2.4%; its 50-day and 200-day moving averages are $8.74 and $6.86, and its 12-month range is $5.13 to $10.39.
• For the quarter ended Dec. 31 the company reported EPS of ($0.05) on $6.82 million in revenue, and KERR Financial Planning bought ~14,964 shares (~$86,000); institutional investors own about 41.96% of the stock.

Scully Royalty (NYSE:SRL - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "hold" rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a "sell (d)" rating on shares of Scully Royalty in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of "Sell".

Scully Royalty Stock Down 2.4%

SRL stock opened at $8.87 on Friday. The company's 50-day moving average price is $8.74 and its two-hundred day moving average price is $6.86. The company has a debt-to-equity ratio of 0.13, a current ratio of 5.10 and a quick ratio of 5.10. Scully Royalty has a 12 month low of $5.13 and a 12 month high of $10.39.

Scully Royalty (NYSE:SRL - Get Free Report) last issued its quarterly earnings results on Wednesday, December 31st. The financial services provider reported ($0.05) earnings per share for the quarter. The firm had revenue of $6.82 million for the quarter.

Hedge Funds Weigh In On Scully Royalty

A hedge fund recently bought a new stake in Scully Royalty stock. KERR FINANCIAL PLANNING Corp acquired a new position in Scully Royalty Ltd. (NYSE:SRL - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,964 shares of the financial services provider's stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned about 0.10% of Scully Royalty as of its most recent SEC filing. 41.96% of the stock is currently owned by institutional investors and hedge funds.

About Scully Royalty

Scully Royalty Ltd. is a mineral royalty company that acquires, owns and manages a diversified portfolio of oil and gas royalty and overriding royalty interests in key onshore producing regions of the United States. As a royalty owner, the company receives a percentage of production revenue from its assets without assuming the operational and capital expenditure burdens associated with exploration and development.

The company's portfolio spans multiple established hydrocarbon basins, including conventional and unconventional plays.

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