Shares of San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.24 and traded as high as $6.10. San Juan Basin Royalty Trust shares last traded at $5.85, with a volume of 251,197 shares trading hands.
San Juan Basin Royalty Trust Stock Performance
The business has a fifty day simple moving average of $6.32 and a 200 day simple moving average of $5.24. The stock has a market cap of $272.67 million, a price-to-earnings ratio of 292.65 and a beta of 0.69.
Institutional Trading of San Juan Basin Royalty Trust
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. acquired a new position in San Juan Basin Royalty Trust in the 1st quarter valued at about $35,000. Pecaut & CO. acquired a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter worth about $38,000. Mariner LLC acquired a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $40,000. Rahlfs Capital LLC acquired a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $44,000. Finally, Westfuller Advisors LLC purchased a new position in shares of San Juan Basin Royalty Trust during the first quarter valued at approximately $63,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.
San Juan Basin Royalty Trust Company Profile
(
Get Free Report)
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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