San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.80 and traded as high as $6.91. San Juan Basin Royalty Trust shares last traded at $6.83, with a volume of 546,851 shares.
San Juan Basin Royalty Trust Stock Up 0.9%
The company's fifty day simple moving average is $5.82 and its 200 day simple moving average is $4.87. The firm has a market capitalization of $321.09 million, a PE ratio of 25.48 and a beta of 0.70.
Hedge Funds Weigh In On San Juan Basin Royalty Trust
Large investors have recently made changes to their positions in the business. Financial Gravity Asset Management Inc. purchased a new position in shares of San Juan Basin Royalty Trust during the first quarter valued at approximately $35,000. Pecaut & CO. bought a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter valued at $38,000. Mariner LLC bought a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter valued at $40,000. Oxbow Advisors LLC bought a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter valued at $43,000. Finally, Westfuller Advisors LLC purchased a new position in shares of San Juan Basin Royalty Trust in the first quarter valued at about $63,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.
San Juan Basin Royalty Trust Company Profile
(
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San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.
Further Reading
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