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Pacific Coast Oil Trust (NYSE:ROYT) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Pacific Coast Oil Trust (NYSE:ROYT) to Sell in a statement released on 6/21/2017.

Having a price of $1.57, Pacific Coast Oil Trust (NYSE:ROYT) traded -0.62% lower on the day. With the last close down -7.08% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Pacific Coast Oil Trust has recorded a 50-day average of $1.58 and a two hundred day average of $1.73. Volume of trade was down over the average, with 40,611 shares of ROYT changing hands under the typical 102,642

Recent Performance Chart

Pacific Coast Oil Trust (NYSE:ROYT)

Pacific Coast Oil Trust has price-earnings ratio of 37.44 with a 52 week low of $0.87 and a 52 week high of $2.23 and has a market cap of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 1 broker has issued a report on the company. The average stock price target is $2.50 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Pacific Coast Oil Trust (NYSE:ROYT)

Pacific Coast Oil Trust is a statutory trust formed by Pacific Coast Energy Company LP (PCEC). The Trust is engaged in acquiring and holding net profits and royalty interests in certain oil and natural gas properties located in California for the benefit of the Trust unitholders. The Underlying Properties consist of producing and non-producing interests in oil units, wells and lands located onshore in California in the Santa Maria Basin, which contains PCEC's Orcutt properties, and the Los Angeles Basin, which contains PCEC's West Pico, East Coyote and Sawtelle properties. The Underlying Properties consist of the proved developed reserves referred to as the Developed Properties and all other development potential on the Underlying Properties, which are referred to as the Remaining Properties. Production from the Developed Properties attributable to the Trust is produced from wells that, because they have already been drilled and require limited additional capital expenditures.

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