ValuEngine downgraded shares of SandRidge Mississippian (NYSE:SDR) from a buy rating to a hold rating in a research note published on Monday morning.
Shares of SDR opened at $0.99 on Monday. SandRidge Mississippian has a 1 year low of $0.74 and a 1 year high of $1.59. The company has a market cap of $48.88, a price-to-earnings ratio of 4.10 and a beta of 1.03.
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SandRidge Mississippian Trust II, a statutory trust, holds royalty interests in specified oil and natural gas properties. Its properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber, Comanche, Harper, and Sumner counties in southern Kansas.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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