Shares of Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.01 and traded as high as $0.01. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.01, with a volume of 10,000 shares.
Gulf Coast Ultra Deep Royalty Trust Stock Performance
The stock’s 50-day moving average is $0.01 and its two-hundred day moving average is $0.01.
About Gulf Coast Ultra Deep Royalty Trust
Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.
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