San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.71 and traded as high as $5.93. San Juan Basin Royalty Trust shares last traded at $5.85, with a volume of 453,254 shares.
San Juan Basin Royalty Trust Stock Up 0.3%
The firm's fifty day moving average is $5.98 and its two-hundred day moving average is $5.76.
Institutional Trading of San Juan Basin Royalty Trust
Several hedge funds have recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. purchased a new stake in shares of San Juan Basin Royalty Trust in the first quarter worth about $35,000. Financial Gravity Companies Inc. purchased a new stake in shares of San Juan Basin Royalty Trust in the second quarter worth about $38,000. Mariner LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter worth about $40,000. Westfuller Advisors LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the first quarter worth about $63,000. Finally, Intrepid Family Office LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the second quarter worth about $63,000. Hedge funds and other institutional investors own 10.42% of the company's stock.
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.
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