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39.3% Return Seen to Date on SmarTrend SAN Juan Basin Royalty Call (SJT)

By Shiri Gupta

SmarTrend identified an Uptrend for SAN Juan Basin Royalty (NYSE:SJT) on December 24th, 2015 at $4.83. In approximately 4 months, SAN Juan Basin Royalty has returned 39.34% as of today's recent price of $6.73.

SAN Juan Basin Royalty share prices have moved between a 52-week high of $11.61 and a 52-week low of $3.99 and are now trading 69% above that low price at $6.73 per share. The 200-day and 50-day moving averages have moved 1.27% lower and 2.72% higher over the past week, respectively.

San Juan Basin Royalty Trust is an express trust between Southland Royalty Company and The Fort Worth National Bank. The Trust receives royalties from its overriding interests in oil and gas properties in the San Juan Basin of New Mexico.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SAN Juan Basin Royalty shares.

Log in and add SAN Juan Basin Royalty (SJT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights san juan basin royalty

Ticker(s): SJT