SandRidge Mississippian Trust I (SDT) Trading Up 1.6%
SandRidge Mississippian Trust I (NYSE:SDT) shares were up 1.6% during mid-day trading on Wednesday . The company traded as high as $2.56 and last traded at $2.53, with a volume of 57,589 shares. The stock had previously closed at $2.49.
The stock has a 50-day moving average price of $2.38 and a 200 day moving average price of $2.51. The stock has a market cap of $71.12 million and a price-to-earnings ratio of 2.04.
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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