Chesapeake Granite Wash Trust (OTCMKTS:CHKR – Get Free Report) shares rose 1.9% during mid-day trading on Monday . The stock traded as high as $0.4398 and last traded at $0.4341. Approximately 54,809 shares were traded during trading, an increase of 110% from the average daily volume of 26,080 shares. The stock had previously closed at $0.4260.
Chesapeake Granite Wash Trust Stock Performance
The firm has a 50 day simple moving average of $0.45 and a two-hundred day simple moving average of $0.44. The stock has a market cap of $20.29 million, a P/E ratio of 4.82 and a beta of 0.10.
Chesapeake Granite Wash Trust (OTCMKTS:CHKR – Get Free Report) last issued its quarterly earnings data on Monday, November 10th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $1.43 million for the quarter. Chesapeake Granite Wash Trust had a net margin of 65.92% and a return on equity of 39.87%.
About Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. It has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area.
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