SandRidge Mississippian Trust II (NYSE:SDR)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.76 and traded as high as $0.53. SandRidge Mississippian Trust II shares last traded at $0.52, with a volume of 25,169 shares trading hands.
The stock has a market capitalization of $25.69 million, a P/E ratio of 2.89 and a beta of 1.22. The firm has a 50-day simple moving average of $0.54 and a 200 day simple moving average of $0.76.
SandRidge Mississippian Trust II (NYSE:SDR) last posted its earnings results on Tuesday, August 13th. The oil and gas producer reported $0.04 EPS for the quarter. SandRidge Mississippian Trust II had a return on equity of 21.99% and a net margin of 66.85%. The firm had revenue of $2.80 million during the quarter.
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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