Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) shares shot up 8.7% during mid-day trading on Wednesday . Get Permian Basin Royalty Trust alerts:Get Our Latest Stock Report on Permian Basin Royalty TrustPermian Basin Royalty Trust Stock Up 3.4%The firm has a 50-day simple moving average of $27.53 and a 200 day simple moving average of $23.27. Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. Permian Basin Royalty Trust Company Profile(Get Free Report)Permian Basin Royalty Trust (NYSE: PBT) is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located in the Permian Basin region of West Texas. Further ReadingReceive News & Ratings for Permian Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Permian Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.