Gamco Investors INC. ET AL boosted its position in shares of L.S. Starrett Company (The) (NYSE:SCX) by 3.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 291,208 shares of the company’s stock after buying an additional 10,900 shares during the period. Gamco Investors INC. ET AL owned about 4.62% of L.S. Starrett Company (The) worth $2,504,000 as of its most recent filing with the SEC.
Separately, Bank of New York Mellon Corp raised its position in L.S. Starrett Company (The) by 87.5% in the second quarter. Bank of New York Mellon Corp now owns 21,831 shares of the company’s stock worth $188,000 after buying an additional 10,186 shares during the period. Hedge funds and other institutional investors own 44.61% of the company’s stock.
L.S. Starrett Company (NYSE SCX) opened at 7.35 on Friday. The stock’s 50 day moving average is $7.91 and its 200-day moving average is $9.42. L.S. Starrett Company has a 52-week low of $6.75 and a 52-week high of $11.90. The stock’s market capitalization is $51.88 million.
About L.S. Starrett Company (The)
The L.S. Starrett Company is engaged in the business of manufacturing over 5,000 variations of precision tools, gages, measuring instruments and saw blades for industrial, professional and consumer markets across the world. The Company’s product line includes precision measuring tools (micrometers, calipers and rules, among others.), levels, electronic gages, dial indicators, gage blocks and granite surface plates and custom-engineered products.
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