Breaking The Old 52 Week Low, North European Oil Royalty Trust (NYSE:NRT) Ending The Day At $6.12

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Stranded freeimages.com/stephie
Stranded freeimages.com/stephie

North European Oil Royalty Trust (NYSE:NRT)

December 7th, 2018
North European Oil Royalty Trust fell $0.13 Thursday, a 2.08% drop, closing at $6.12. As well as the drop in value, North European Oil Royalty Trust hit a new 52 week low of $6.10, breaking the previous low of $6.20 from earlier this month. Despite the drop in value, trading volumes were solid at 222% of normal which can indicate investor opportunities.

NRT was outperformed by the rest of the Energy sector which went down only 1.77%.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

North European Oil Royalty Trust Info

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in concessions or leases in the Federal Republic of Germany. It holds rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust was founded in 1975 and is based in Red Bank, New Jersey.

All amounts in USD unless otherwise indicated
NRT daily update

NRT daily update
NRT daily update

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