San Juan Basin Royalty Trust (NYSE:SJT – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.92 and traded as high as $4.24. San Juan Basin Royalty Trust shares last traded at $4.20, with a volume of 116,832 shares trading hands.
San Juan Basin Royalty Trust Stock Performance
The company has a 50-day moving average of $4.18 and a two-hundred day moving average of $3.92.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in San Juan Basin Royalty Trust by 270.0% during the third quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock valued at $27,000 after buying an additional 5,400 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in San Juan Basin Royalty Trust during the third quarter valued at $34,000. Americana Partners LLC purchased a new position in San Juan Basin Royalty Trust during the third quarter valued at $40,000. GSA Capital Partners LLP purchased a new position in San Juan Basin Royalty Trust during the third quarter valued at $41,000. Finally, Atlas Wealth Partners LLC purchased a new position in San Juan Basin Royalty Trust during the third quarter valued at $63,000. Hedge funds and other institutional investors own 10.42% of the company’s stock.
About San Juan Basin Royalty Trust
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.
Further Reading
- Five stocks we like better than San Juan Basin Royalty Trust
- 3 Warren Buffett Stocks to Buy Now
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- What Does Downgrade Mean in Investing?
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- What is Insider Trading? What You Can Learn from Insider Trading
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
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.
