Stratos Wealth Partners LTD. reduced its position in shares of Central Securities Corp. (NYSE:CET) by 3.8% during the second quarter, Holdings Channel reports. The firm owned 9,680 shares of the company’s stock after selling 380 shares during the period. Stratos Wealth Partners LTD.’s holdings in Central Securities Corp. were worth $241,000 at the end of the most recent quarter.
Shares of Central Securities Corp. (CET) opened at 24.26 on Friday. The company has a market capitalization of $603.61 million and a PE ratio of 5.36. The stock has a 50 day moving average price of $25.37 and a 200-day moving average price of $24.34. Central Securities Corp. has a 52 week low of $20.06 and a 52 week high of $25.99.
About Central Securities Corp.
Central Securities Corporation is a non-diversified, closed-end management investment company. The Company’s investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
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