SandRidge Mississippian Trust I (SDT) Sees Strong Trading Volume
SandRidge Mississippian Trust I (NYSE:SDT) saw an uptick in trading volume on Monday . 95,876 shares were traded during trading, an increase of 38% from the previous session’s volume of 69,611 shares.The stock last traded at $2.61 and had previously closed at $2.57.
The company’s 50-day moving average price is $2.41 and its 200 day moving average price is $2.52. The stock has a market capitalization of $75.60 million and a P/E ratio of 2.17.
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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