SandRidge Mississippian Trust I (SDT) Trading Down 3.6%
Shares of SandRidge Mississippian Trust I (NYSE:SDT) dropped 3.6% during mid-day trading on Wednesday . The stock traded as low as $2.41 and last traded at $2.42, with a volume of 60,962 shares. The stock had previously closed at $2.51.
The stock has a market cap of $66.64 million and a price-to-earnings ratio of 1.91. The stock has a 50 day moving average of $2.47 and a 200 day moving average of $2.53.
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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