Scully Royalty (NYSE:SRL) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Scully Royalty Ltd. (NYSE:SRLGet Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.52 and traded as low as $6.45. Scully Royalty shares last traded at $6.78, with a volume of 2,713 shares changing hands.

Scully Royalty Stock Down 4.1 %

The business has a 50 day moving average price of $7.46 and a two-hundred day moving average price of $7.54.

Scully Royalty Company Profile

(Get Free Report)

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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