Hugoton Royalty Trust (OTCMKTS:HGTXU) Trading 1.3% Higher – Here’s Why

Hugoton Royalty Trust (OTCMKTS:HGTXUGet Free Report)’s stock price shot up 1.3% on Thursday . The stock traded as high as $0.62 and last traded at $0.62. 35,778 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 31,018 shares. The stock had previously closed at $0.62.

Hugoton Royalty Trust Stock Performance

The business’s 50-day simple moving average is $0.53 and its 200-day simple moving average is $0.51.

Hugoton Royalty Trust Company Profile

(Get Free Report)

Hugoton Royalty Trust operates as an express trust in the United States. It holds 80% net profits interests in various natural gas producing working interest properties in Kansas, Oklahoma, and Wyoming under conveyances. The company was founded in 1998 and is based in Dallas, Texas.

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