Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTUGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.03 and traded as high as $0.0304. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.0299, with a volume of 357,548 shares trading hands.

Gulf Coast Ultra Deep Royalty Trust Price Performance

The company has a 50 day moving average of $0.03 and a two-hundred day moving average of $0.03.

About Gulf Coast Ultra Deep Royalty Trust

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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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