Hugoton Royalty Trust (OTCMKTS:HGTXU) Shares Down 7% – Here’s What Happened

Hugoton Royalty Trust (OTCMKTS:HGTXUGet Free Report)’s share price fell 7% during mid-day trading on Thursday . The stock traded as low as $0.47 and last traded at $0.48. 25,244 shares were traded during trading, a decline of 25% from the average session volume of 33,782 shares. The stock had previously closed at $0.52.

Hugoton Royalty Trust Stock Down 7.0 %

The firm’s fifty day moving average price is $0.50 and its 200 day moving average price is $0.50. The stock has a market cap of $19.16 million, a PE ratio of 1.77 and a beta of 0.18.

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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