San Juan Basin Royalty Trust (
NYSE:SJT -
Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.65 and traded as high as $5.89. San Juan Basin Royalty Trust shares last traded at $5.76, with a volume of 168,730 shares trading hands.
San Juan Basin Royalty Trust Stock Down 1.0%
The company has a market capitalization of $268.57 million, a P/E ratio of 288.24 and a beta of 0.68. The firm has a 50-day moving average price of $6.09 and a two-hundred day moving average price of $5.65.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new position in San Juan Basin Royalty Trust in the second quarter worth $69,955,000. Horizon Kinetics Asset Management LLC lifted its position in San Juan Basin Royalty Trust by 86.0% in the second quarter. Horizon Kinetics Asset Management LLC now owns 4,594,502 shares of the oil and gas producer's stock worth $27,475,000 after purchasing an additional 2,124,370 shares during the period. Principia Wealth Advisory LLC lifted its position in San Juan Basin Royalty Trust by 3,003.3% in the first quarter. Principia Wealth Advisory LLC now owns 653,767 shares of the oil and gas producer's stock worth $3,354,000 after purchasing an additional 632,700 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in San Juan Basin Royalty Trust by 0.3% in the second quarter. Ashton Thomas Private Wealth LLC now owns 641,226 shares of the oil and gas producer's stock worth $3,835,000 after purchasing an additional 1,983 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its position in San Juan Basin Royalty Trust by 74.1% in the second quarter. Kingswood Wealth Advisors LLC now owns 485,815 shares of the oil and gas producer's stock worth $2,900,000 after purchasing an additional 206,780 shares during the period. 10.42% of the stock is owned by 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.
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