Cross Timbers Royalty Trust (NYSE:CRT) Shares Pass Below Two Hundred Day Moving Average of $0.00

Cross Timbers Royalty Trust (NYSE:CRT) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $12.09. Cross Timbers Royalty Trust shares last traded at $12.41, with a volume of 16,807 shares changing hands.

The firm has a market capitalization of $75.90 million, a P/E ratio of 9.96 and a beta of 0.84. The stock’s fifty day moving average price is $12.07.

Cross Timbers Royalty Trust (NYSE:CRT) last issued its quarterly earnings results on Thursday, May 9th. The oil and gas company reported $0.18 earnings per share for the quarter. Cross Timbers Royalty Trust had a net margin of 92.76% and a return on equity of 88.03%. The company had revenue of $1.34 million during the quarter.

The firm also recently declared a monthly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a $0.09 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Thursday, June 27th.

Cross Timbers Royalty Trust Company Profile (NYSE:CRT)

Cross Timbers Royalty Trust is an express trust, which operates as a trustee of Southwest Bank. It is created to collect and distribute monthly net profits income to unitholders. It has interest in certain royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico. The firm also has interest in certain working interest properties in Texas and Oklahoma.

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