SandRidge Mississippian Trust I (SDT) Sees Unusually-High Trading Volume
SandRidge Mississippian Trust I (NYSE:SDT) saw an uptick in trading volume on Monday . 95,876 shares changed hands during mid-day 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 has a market cap of $74.48 million and a price-to-earnings ratio of 2.13. The company has a 50 day moving average of $2.42 and a 200-day moving average of $2.52.
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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