Scully Royalty (NYSE:SRL) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Scully Royalty Ltd. (NYSE:SRLGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.57 and traded as high as $7.99. Scully Royalty shares last traded at $7.44, with a volume of 15,467 shares changing hands.

Scully Royalty Price Performance

The business has a 50-day simple moving average of $7.57 and a 200 day simple moving average of $7.73.

Scully Royalty Cuts Dividend

The company also recently declared a — dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 24th will be given a $0.26 dividend. The ex-dividend date of this dividend is Friday, January 24th.

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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