Scully Royalty (NYSE:SRL) Shares Cross Above 50-Day Moving Average – What’s Next?

Scully Royalty Ltd. (NYSE:SRLGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.78 and traded as high as $5.99. Scully Royalty shares last traded at $5.91, with a volume of 809 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Scully Royalty in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Research Report on SRL

Scully Royalty Stock Performance

The firm has a 50-day moving average price of $5.78 and a two-hundred day moving average price of $6.09.

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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