Hugoton Royalty Trust (OTCMKTS:HGTXU) Trading 1.8% Higher – Here’s What Happened

Hugoton Royalty Trust (OTCMKTS:HGTXUGet Free Report)’s stock price rose 1.8% during mid-day trading on Monday . The stock traded as high as $0.43 and last traded at $0.42. Approximately 113,526 shares changed hands during trading, an increase of 164% from the average daily volume of 43,023 shares. The stock had previously closed at $0.42.

Hugoton Royalty Trust Stock Up 1.8%

The business has a 50-day moving average of $0.46 and a 200-day moving average of $0.51. The stock has a market cap of $16.90 million, a price-to-earnings ratio of 1.56 and a beta of -0.73.

Hugoton Royalty Trust Company Profile

(Get Free Report)

Hugoton Royalty Trust operates as an express trust in the United States. It holds 80% net profits interests in various natural gas producing working interest properties in Kansas, Oklahoma, and Wyoming under conveyances. The company was founded in 1998 and is based in Dallas, Texas.

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