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San Juan Basin Royalty Trust Breaks Below 200-Day Moving Average - Bearish for SJT

By Market News Video Staff, Wednesday, July 27, 4:03 PM ET
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In trading on Wednesday, shares of San Juan Basin Royalty Trust (NYSE:SJT) crossed below their 200 day moving average of $24.64, changing hands as low as $24.16 per share. San Juan Basin Royalty Trust shares are currently trading down about 2.7% on the day. The chart below shows the one year performance of SJT shares, versus its 200 day moving average:

San Juan Basin Royalty Trust 200 Day Moving Average Chart

Looking at the chart above, SJT's low point in its 52 week range is $20.87 per share, with $27.99 as the 52 week high point — that compares with a last trade of $24.30.

SJT operates in the Oil & Gas Exploration & Production sector, among companies like EQT Corp. (NYSE:EQT) which is off about 1.5% today, and Noble Corp (NYSE:NE) trading lower by about 1.8%. Below is a three month price history chart comparing the stock performance of SJT, versus EQT and NE.

SJT,EQT,NE Relative Performance Chart


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This Article's Word Cloud:   Basin   Below   Corp   Investment   Juan   Moving   NYSE   Noble   Portfolio   Royalty   Their   Trust   Wednesday   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   down   growth   hands   history   leads   moving   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   versus   week   with
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San Juan Basin Royalty Trust Breaks Below 200-Day Moving Average - Bearish for SJT | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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