Is MicroStrategy the Bitcoin trade better than Bitcoin?
Seeking Alpha News (Thu, 28-Mar 11:36 AM ET)
Mesa Royalty Trust Announces Trust Income for March 2024
Business Wire (Tue, 19-Mar 4:15 PM ET)
Mesa Royalty Trust Announces Trust Income for February 2024
Business Wire (Fri, 16-Feb 4:58 PM ET)
Mesa Royalty Trust Announces Trust Income for January 2024
Business Wire (Thu, 18-Jan 4:15 PM ET)
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
Mesa Royalty Trust trades on the NYSE stock market under the symbol MTR.
As of March 28, 2024, MTR stock price climbed to $10.42 with 505 million shares trading.
MTR has a market cap of $19.42 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, MTR stock traded as high as $29.50 and as low as $4.16.
MTR has underperformed the market in the last year with a return of -27.5%, while the SPY ETF gained +33.7%. In the last 3 month period, MTR fell short of the market, returning -22.5%, while SPY returned +10.2%. However, in the most recent 2 weeks MTR has outperformed the stock market by returning +4.5%, while SPY returned +1.8%.
MTR support price is $9.91 and resistance is $10.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTR stock will trade within this expected range on the day.