SandRidge Permian Trust (NYSE:PER) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.75. SandRidge Permian Trust shares last traded at $1.72, with a volume of 1,200 shares traded.
The stock has a 50 day moving average of $1.82. The stock has a market capitalization of $91.09 million, a price-to-earnings ratio of 3.60 and a beta of 1.22.
SandRidge Permian Trust (NYSE:PER) last announced its quarterly earnings data on Thursday, May 9th. The oil and gas producer reported $0.10 earnings per share for the quarter. SandRidge Permian Trust had a return on equity of 20.80% and a net margin of 83.50%. The firm had revenue of $6.26 million during the quarter.
About SandRidge Permian Trust (NYSE:PER)
SandRidge Permian Trust holds royalty interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. It has proved developed reserves of approximately 0.3 million barrels of oil equivalent. The company was founded in 2011 and is based in Houston, Texas.
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