180 Degree Capital (NASDAQ:TURN) Shares Up 0.5% – Should You Buy?

180 Degree Capital Corp. (NASDAQ:TURN) shot up 0.5% on Thursday . The company traded as high as $3.80 and last traded at $3.75. 61,811 shares traded hands during mid-day trading, an increase of 149% from the average session volume of 24,831 shares. The stock had previously closed at $3.73.

180 Degree Capital Price Performance

The firm has a 50-day moving average of $3.59 and a 200-day moving average of $3.46.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 180 Degree Capital stock. Principal Street Partners LLC purchased a new stake in shares of 180 Degree Capital Corp. (NASDAQ:TURN) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,550 shares of the company’s stock, valued at approximately $46,000. Principal Street Partners LLC owned about 0.14% of 180 Degree Capital as of its most recent SEC filing. 19.78% of the stock is owned by hedge funds and other institutional investors.

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.