SandRidge Mississippian Trust II (NYSE:SDR) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.85 and traded as high as $0.51. SandRidge Mississippian Trust II shares last traded at $0.51, with a volume of 33,601 shares.
The stock has a market cap of $25.27 million, a P/E ratio of 2.50 and a beta of 1.13. The business’s 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.85.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be issued a $0.028 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 22.86%. The ex-dividend date of this dividend is Thursday, August 8th.
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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