Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.03 and traded as high as $0.0320. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.0305, with a volume of 405,605 shares traded.
Gulf Coast Ultra Deep Royalty Trust Stock Down 3.8%
The firm’s 50-day moving average is $0.03 and its 200 day moving average is $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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