Mesa Royalty Trust (NYSE:MTR – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.34 and traded as low as $5.80. Mesa Royalty Trust shares last traded at $6.36, with a volume of 43,121 shares changing hands.
Mesa Royalty Trust Stock Performance
The company’s 50 day moving average price is $6.60 and its 200 day moving average price is $8.34.
Mesa Royalty Trust (NYSE:MTR – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The energy company reported $0.12 earnings per share (EPS) for the quarter. Mesa Royalty Trust had a net margin of 76.94% and a return on equity of 28.92%. The firm had revenue of $0.31 million for the quarter.
Mesa Royalty Trust Cuts Dividend
About Mesa Royalty Trust
Mesa Royalty Trust owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of Northwestern New Mexico and Southwestern Colorado. The company was founded in 1979 and is based in Houston, Texas.
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