Scully Royalty (NYSE:SRL) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Scully Royalty Ltd. (NYSE:SRLGet Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.96 and traded as low as $7.78. Scully Royalty shares last traded at $7.88, with a volume of 21,337 shares trading hands.

Scully Royalty Trading Down 0.3 %

The business has a 50 day simple moving average of $7.96 and a two-hundred day simple moving average of $7.25.

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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