San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.26 and traded as high as $5.59. San Juan Basin Royalty Trust shares last traded at $5.53, with a volume of 135,579 shares trading hands.
San Juan Basin Royalty Trust Stock Performance
The company has a market cap of $255.88 million, a PE ratio of 20.33 and a beta of 0.84. The company's 50 day moving average price is $4.84 and its 200-day moving average price is $4.31.
Institutional Trading of San Juan Basin Royalty Trust
Several hedge funds have recently made changes to their positions in the company. Pecaut & CO. bought a new stake in San Juan Basin Royalty Trust in the 4th quarter valued at about $38,000. Mariner LLC purchased a new position in shares of San Juan Basin Royalty Trust in the fourth quarter worth about $40,000. Oxbow Advisors LLC bought a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $43,000. Rahlfs Capital LLC purchased a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter valued at approximately $44,000. Finally, Morse Asset Management Inc bought a new position in San Juan Basin Royalty Trust in the 4th quarter worth approximately $66,000. 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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