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SandRidge Mississippian Trust I (NYSE:SDT) shares reached a new 52-week low on Wednesday , AnalystRatings.NET reports. The stock traded as low as $8.65 and last traded at $8.92, with a volume of 291,154 shares. The stock had previously closed at $9.44.

Separately, analysts at Raymond James upgraded shares of SandRidge Mississippian Trust I from an “underperform” rating to a “market perform” rating in a research note on Thursday, January 9th. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. SandRidge Mississippian Trust I presently has a consensus rating of “Sell” and a consensus price target of $11.77.

The stock has a 50-day moving average of $9.67 and a 200-day moving average of $11.61. The company has a market cap of $248.6 million and a price-to-earnings ratio of 3.57.

SandRidge Mississippian Trust I (NYSE:SDT) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.50 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.60 by $0.10. Analysts expect that SandRidge Mississippian Trust I will post $2.36 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.5003 per share. This represents a $2.00 dividend on an annualized basis and a yield of 22.69%. The ex-dividend date of this dividend is Wednesday, February 12th.

SandRidge Mississippian Trust I (NYSE:SDT) is a statutory trust.

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