TMCnet News
Hugoton Royalty Trust Has Returned 42.9% Since SmarTrend Recommendation (HGT)Nov 16, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Hugoton Royalty Trust (NYSE:HGT) on May 21st, 2012 at $12.23. In approximately 6 months, Hugoton Royalty Trust has returned 42.91% as of today's recent price of $6.98. Hugoton Royalty Trust share prices have moved between a 52-week high of $22.25 and a 52-week low of $5.71 and are now trading 22% above that low price at $6.98 per share. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has remained constant. Hugoton Royalty Trust owns net profit interests in natural gas producing properties located in the Hugoton area of Kansas and Oklahoma, the Anadarko Basin of Oklahoma, and the Green River Basin of Wyoming. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Hugoton Royalty Trust. Log in and add Hugoton Royalty Trust (HGT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |