Texas Pacific Land Trust (symbol: TPL) was one of the biggest winners of
the trading day today (2016-09-08), gaining 19.26%. The number of shares
that changed hands was 355,563, or about 35.5 times the average daily
volume in the stock.
The closing price was $220.71, amounting to a market cap of $1,770,000,000,
about -4.7% off the highest price in the last 12 months. The stock has been
trading at a range between $104.06 and $231.6.
TPL is in the Oil & Gas Production industry, part of the Energy sector.
Looking at its valuation, the stock is now trading at 47.21 times earnings.
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