Hugoton Royalty Trust (OTCMKTS:HGTXU – Get Free Report) shares dropped 8.4% on Wednesday . The stock traded as low as $0.30 and last traded at $0.32. Approximately 2,008 shares traded hands during trading, a decline of 89% from the average daily volume of 17,575 shares. The stock had previously closed at $0.35.
Hugoton Royalty Trust Price Performance
The company has a market cap of $12.64 million, a P/E ratio of 1.17 and a beta of -0.81. The company’s 50-day moving average is $0.38 and its two-hundred day moving average is $0.40.
About Hugoton Royalty Trust
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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