San Juan Basin Royalty Trust (NYSE:SJT – Get Free Report) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Tuesday.
San Juan Basin Royalty Trust Trading Down 2.6 %
NYSE SJT opened at $3.73 on Tuesday. The business’s 50-day moving average price is $3.93 and its 200 day moving average price is $4.48. San Juan Basin Royalty Trust has a twelve month low of $3.52 and a twelve month high of $7.85. The company has a market capitalization of $176.65 million, a PE ratio of 8.88 and a beta of 0.86.
San Juan Basin Royalty Trust (NYSE:SJT – Get Free Report) last released its earnings results on Wednesday, August 14th. The oil and gas producer reported $0.02 earnings per share for the quarter. San Juan Basin Royalty Trust had a return on equity of 466.64% and a net margin of 82.97%. The firm had revenue of $1.89 million for the quarter.
Hedge Funds Weigh In On San Juan Basin Royalty Trust
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.
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