Scully Royalty Ltd. (NYSE:SRL - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.92 and traded as low as $7.68. Scully Royalty shares last traded at $7.90, with a volume of 3,723 shares changing hands.
Scully Royalty Price Performance
The stock's fifty day moving average is $7.92 and its 200-day moving average is $7.77.
Scully Royalty Cuts Dividend
The company also recently disclosed a -- dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 24th were issued a $0.26 dividend. The ex-dividend date of this dividend was Friday, January 24th.
Institutional Investors Weigh In On Scully Royalty
An institutional investor recently bought a new position in Scully Royalty stock. SVB Wealth LLC acquired a new stake in Scully Royalty Ltd. (NYSE:SRL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned 0.15% of Scully Royalty at the end of the most recent quarter. 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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