180 Degree Capital (NASDAQ:TURN) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

180 Degree Capital Corp. (NASDAQ:TURN) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.94 and traded as low as $3.87. 180 Degree Capital shares last traded at $3.92, with a volume of 14,300 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of 180 Degree Capital in a report on Saturday, March 22nd.

180 Degree Capital Stock Down 1.3 %

The company has a 50 day moving average of $3.94 and a 200 day moving average of $3.63.

Hedge Funds Weigh In On 180 Degree Capital

A number of institutional investors have recently made changes to their positions in the business. One Day In July LLC acquired a new stake in shares of 180 Degree Capital during the fourth quarter worth approximately $39,000. StoneX Group Inc. acquired a new stake in 180 Degree Capital in the fourth quarter valued at $44,000. Wolverine Trading LLC bought a new position in 180 Degree Capital during the 3rd quarter valued at $73,000. Principal Street Partners LLC grew its holdings in 180 Degree Capital by 77.5% during the 4th quarter. Principal Street Partners LLC now owns 24,050 shares of the company’s stock worth $88,000 after acquiring an additional 10,500 shares in the last quarter. Finally, Yakira Capital Management Inc. bought a new stake in shares of 180 Degree Capital in the 4th quarter worth about $203,000. 19.78% of the stock is owned by institutional investors and hedge funds.

180 Degree Capital Company Profile

180 Degree Capital Corp. is a publicly owned corporate pension plan sponsor. It primarily provides its services to pension and profit sharing plans. The firm is a large advisory firm which provides portfolio management for pooled investment vehicles, pension consulting services. It manages separate client focused equity and balanced funds.