Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECFGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $11.97 and traded as high as $12.60. Ellsworth Growth and Income Fund shares last traded at $12.43, with a volume of 32,675 shares.

Ellsworth Growth and Income Fund Stock Down 0.1%

The business has a fifty day moving average price of $11.97 and a two-hundred day moving average price of $11.63.

About Ellsworth Growth and Income Fund

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Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.

Further Reading

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