Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.02 and traded as high as $0.03. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.03, with a volume of 127,665 shares trading hands.
Gulf Coast Ultra Deep Royalty Trust Price Performance
The firm has a 50 day moving average of $0.02 and a 200-day moving average of $0.02.
About Gulf Coast Ultra Deep Royalty Trust
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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