Shares of SandRidge Mississippian Trust II (NYSE:SDR) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.77 and traded as high as $0.65. SandRidge Mississippian Trust II shares last traded at $0.63, with a volume of 30,991 shares trading hands.
The stock has a market capitalization of $31.43 million, a PE ratio of 3.22 and a beta of 1.41. The stock has a fifty day simple moving average of $0.75.
SandRidge Mississippian Trust II (NYSE:SDR) last posted its quarterly earnings data on Thursday, May 9th. The oil and gas producer reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $3.19 million for the quarter. SandRidge Mississippian Trust II had a net margin of 69.08% and a return on equity of 22.30%.
SandRidge Mississippian Trust II holds royalty interests in oil and natural gas properties. The company's properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber; and Comanche, Harper, and Sumner counties in southern Kansas.
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