SandRidge Mississippian Trust I (SDT) Sees Strong Trading Volume
SandRidge Mississippian Trust I (NYSE:SDT) shares saw unusually-strong trading volume on Monday . Approximately 69,102 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 60,000 shares.The stock last traded at $2.45 and had previously closed at $2.45.
The stock’s 50-day moving average is $2.37 and its 200 day moving average is $2.50. The company has a market cap of $68.60 million and a PE ratio of 1.96.
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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