San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-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.
San Juan Basin Royalty Trust Stock Performance
The stock has a market capitalization of $287.58 million, a PE ratio of 308.65 and a beta of 0.67. The business's 50-day moving average is $6.34 and its two-hundred day moving average is $5.27.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in SJT. Financial Gravity Asset Management Inc. acquired a new position in San Juan Basin Royalty Trust during the 1st quarter worth approximately $35,000. Pecaut & CO. purchased a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $38,000. Mariner LLC acquired a new position in San Juan Basin Royalty Trust during the fourth quarter worth $40,000. Rahlfs Capital LLC purchased a new position in San Juan Basin Royalty Trust in the fourth quarter worth $44,000. Finally, Westfuller Advisors LLC purchased a new position in San Juan Basin Royalty Trust in the first quarter worth $63,000. 10.42% of the stock is owned by hedge funds and other institutional investors.
About San Juan Basin Royalty Trust
(
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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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