Shares of Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.01 and traded as high as $0.02. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.02, with a volume of 851,819 shares changing hands.
Gulf Coast Ultra Deep Royalty Trust Trading Up 7.1 %
The company has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $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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