Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.03 and traded as low as $0.03. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.04, with a volume of 17,901 shares trading hands.
Gulf Coast Ultra Deep Royalty Trust Stock Up 16.7%
The business has a fifty day simple moving average of $0.03 and a 200-day simple moving average of $0.03.
Gulf Coast Ultra Deep Royalty Trust Company Profile
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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