Shares of San Juan Basin Royalty Trust (SJT) Have Risen Above Previous 52-Week High

May 14, 2021 12:10:12

San Juan Basin Royalty Trust (NYSE:SJT) traded at a new 52-week high today of $5.20. So far today approximately 232,000 shares have been exchanged, as compared to an average 30-day volume of 193,000 shares.

Over the past year, San Juan Basin Royalty Trust has traded in a range of $2.16 to $5.20 and is now at $5.19, 140% above that low.

San Juan Basin Royalty Trust (NYSE:SJT) defies analysts with a current price ($5.19) 3.2% above its average consensus price target of $5.02.

San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.

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