SandRidge Mississippian Trust I (SDT) Trading Down 4.4%
Shares of SandRidge Mississippian Trust I (NYSE:SDT) dropped 4.4% on Thursday . The stock traded as low as $2.35 and last traded at $2.37, with a volume of 72,687 shares changing hands. The stock had previously closed at $2.48.
The stock has a market cap of $66.36 million and a PE ratio of 1.90. The firm’s 50 day moving average is $2.35 and its 200 day moving average is $2.50.
SandRidge Mississippian Trust I (The Trust) is a statutory trust formed pursuant to a trust agreement by and among SandRidge Energy, Inc (SandRidge) as Trustor, The Bank of New York Mellon Trust Company, N.A. as Trustee (the Trustee) and The Corporation Trust Company as Delaware Trustee (the Delaware Trustee).
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