Shares of San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.47 and traded as high as $5.88. San Juan Basin Royalty Trust shares last traded at $5.70, with a volume of 122,437 shares traded.
San Juan Basin Royalty Trust Stock Up 3.7 %
The firm has a market capitalization of $283.85 million, a PE ratio of 22.56 and a beta of 0.78. The company has a 50-day moving average of $5.28 and a 200 day moving average of $4.53.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Pecaut & CO. purchased a new position in San Juan Basin Royalty Trust in the 4th quarter worth approximately $38,000. Mariner LLC purchased a new position in San Juan Basin Royalty Trust in the fourth quarter worth $40,000. Oxbow Advisors LLC bought a new position in San Juan Basin Royalty Trust in the fourth quarter valued at $43,000. Rahlfs Capital LLC purchased a new stake in San Juan Basin Royalty Trust during the fourth quarter valued at about $44,000. Finally, Westfuller Advisors LLC bought a new stake in San Juan Basin Royalty Trust during the first quarter worth about $63,000. 10.42% of the stock is currently owned by 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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