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How to buy SandRidge Mississippian Trust stock

Own SandRidge Mississippian Trust stock in just a few minutes.

Fact checked

SandRidge Mississippian Trust II is an oil & gas e&p business based in the US. SandRidge Mississippian Trust shares (SDRMU) are listed on the PINK and all prices are listed in US Dollars.

How to buy shares in SandRidge Mississippian Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for SandRidge Mississippian Trust. Find the stock by name or ticker symbol: SDRMU. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until SandRidge Mississippian Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of SandRidge Mississippian Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of SandRidge Mississippian Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

SandRidge Mississippian Trust share price

Use our graph to track the performance of SDRMU stocks over time.

SandRidge Mississippian Trust shares at a glance

Information last updated 2020-11-27.
52-week rangeUSD$0.0458 - USD$0.187
50-day moving average USD$0.13
200-day moving average USD$0.1254
Wall St. target priceUSD$3
PE ratio 1.8558
Dividend yield USD$0.06 (46.86%)
Earnings per share (TTM) N/A

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is SandRidge Mississippian Trust under- or over-valued?

Valuing SandRidge Mississippian Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SandRidge Mississippian Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SandRidge Mississippian Trust's P/E ratio

SandRidge Mississippian Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, SandRidge Mississippian Trust shares trade at around 2x recent earnings.

SandRidge Mississippian Trust financials

Revenue TTM USD$10.4 million
Operating margin TTM 70.27%
Gross profit TTM USD$7.9 million
Return on assets TTM 31.49%
Return on equity TTM 0%
Profit margin 70.27%
Book value N/A
Market capitalisation USD$6.4 million

TTM: trailing 12 months

Shorting SandRidge Mississippian Trust shares

There are currently 129,736 SandRidge Mississippian Trust shares held short by investors – that's known as SandRidge Mississippian Trust's "short interest". This figure is 167.8% up from 48,444 last month.

There are a few different ways that this level of interest in shorting SandRidge Mississippian Trust shares can be evaluated.

SandRidge Mississippian Trust's "short interest ratio" (SIR)

SandRidge Mississippian Trust's "short interest ratio" (SIR) is the quantity of SandRidge Mississippian Trust shares currently shorted divided by the average quantity of SandRidge Mississippian Trust shares traded daily (recently around 308895.23809524). SandRidge Mississippian Trust's SIR currently stands at 0.42. In other words for every 100,000 SandRidge Mississippian Trust shares traded daily on the market, roughly 420 shares are currently held short.

However SandRidge Mississippian Trust's short interest can also be evaluated against the total number of SandRidge Mississippian Trust shares, or, against the total number of tradable SandRidge Mississippian Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SandRidge Mississippian Trust's short interest could be expressed as 0% of the outstanding shares (for every 100,000 SandRidge Mississippian Trust shares in existence, roughly 0 shares are currently held short) or 0.0042% of the tradable shares (for every 100,000 tradable SandRidge Mississippian Trust shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SandRidge Mississippian Trust.

Find out more about how you can short SandRidge Mississippian Trust stock.

SandRidge Mississippian Trust share dividends

We're not expecting SandRidge Mississippian Trust to pay a dividend over the next 12 months.

SandRidge Mississippian Trust share price volatility

Over the last 12 months, SandRidge Mississippian Trust's shares have ranged in value from as little as $0.0458 up to $0.187. A popular way to gauge a stock's volatility is its "beta".

SDRMU.US volatility(beta: 1.61)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (PINK average) beta is 1, while SandRidge Mississippian Trust's is 1.6077. This would suggest that SandRidge Mississippian Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

SandRidge Mississippian Trust overview

SandRidge Mississippian Trust II holds royalty interests in oil and natural gas properties. The company's properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber; and Comanche, Harper, and Sumner counties in southern Kansas. As of December 31, 2019, its properties consisted of royalty interests in the initial wells and 173 additional wells. The company was founded in 2011 and is based in Houston, Texas.

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