Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.03 and traded as high as $0.03. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.03, with a volume of 1,669,100 shares trading hands.
Gulf Coast Ultra Deep Royalty Trust Price Performance
The company’s 50 day simple moving average is $0.03 and its two-hundred day simple moving average is $0.02.
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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