SandRidge Mississippian Trust I (SDT) was a big mover last session, as the company saw its shares rise around 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 47.4% in the past one-month time frame.
The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
SandRidge Mississippian Trust I currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
A better-ranked stock in the U.S. oil royalty trust industry is Chesapeake Granite Wash Trust (CHKR), carrying a Zacks Rank #2 (Buy).
Is CHKR going up? Or down? Predict to see what others think: Up or Down
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