San Juan Basin Royalty Trust (NYSE:SJT) Stock Crosses Above Two Hundred Day Moving Average of $3.39

San Juan Basin Royalty Trust (NYSE:SJT) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.39 and traded as high as $4.26. San Juan Basin Royalty Trust shares last traded at $4.04, with a volume of 108,228 shares changing hands.

The firm has a market cap of $190.17 million, a PE ratio of 37.09 and a beta of 0.48. The company’s 50-day simple moving average is $4.07 and its two-hundred day simple moving average is $3.40.

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 14th. Shareholders of record on Wednesday, March 31st will be given a dividend of $0.0189 per share. The ex-dividend date of this dividend is Tuesday, March 30th. This represents a $0.23 annualized dividend and a yield of 5.55%.

Several large investors have recently bought and sold shares of SJT. Virtu Financial LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the 4th quarter worth about $74,000. Wells Fargo & Company MN lifted its position in shares of San Juan Basin Royalty Trust by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 265,963 shares of the oil and gas producer’s stock worth $710,000 after purchasing an additional 9,959 shares during the period. Finally, Wealthsource Partners LLC lifted its position in shares of San Juan Basin Royalty Trust by 1.3% in the 4th quarter. Wealthsource Partners LLC now owns 401,749 shares of the oil and gas producer’s stock worth $1,073,000 after purchasing an additional 5,249 shares during the period. 14.76% of the stock is owned by hedge funds and other institutional investors.

San Juan Basin Royalty Trust Company Profile (NYSE:SJT)

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico. The 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, as well as 826.3 net wells.

Featured Article: Percentage Decliners

Receive News & Ratings for San Juan Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for San Juan Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.