Shares of Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.19 and traded as high as $10.25. Cross Timbers Royalty Trust shares last traded at $10.17, with a volume of 38,251 shares traded.
Cross Timbers Royalty Trust Stock Up 2.9 %
The company has a market cap of $60.99 million, a price-to-earnings ratio of 7.94 and a beta of 0.53. The firm has a 50-day simple moving average of $10.19 and a 200 day simple moving average of $11.23.
Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) last released its earnings results on Tuesday, August 13th. The oil and gas company reported $0.22 earnings per share for the quarter. Cross Timbers Royalty Trust had a return on equity of 291.46% and a net margin of 88.84%. The firm had revenue of $1.58 million for the quarter.
Cross Timbers Royalty Trust Cuts Dividend
Cross Timbers Royalty Trust Company Profile
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma.
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