San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) 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.
San Juan Basin Royalty Trust Price Performance
The stock has a fifty day moving average price of $6.05 and a two-hundred day moving average price of $5.68.
Institutional Investors Weigh In On San Juan Basin Royalty Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in SJT. Financial Gravity Asset Management Inc. purchased a new position in San Juan Basin Royalty Trust in the first quarter valued at about $35,000. Financial Gravity Companies Inc. bought a new position in San Juan Basin Royalty Trust during the 2nd quarter worth approximately $38,000. Mariner LLC acquired a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter worth approximately $40,000. Intrepid Family Office LLC acquired a new stake in shares of San Juan Basin Royalty Trust during the 2nd quarter worth approximately $63,000. Finally, Westfuller Advisors LLC acquired a new stake in shares of San Juan Basin Royalty Trust during the 1st quarter worth approximately $63,000. 10.42% of the stock is currently owned by institutional investors and hedge funds.
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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