Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGLGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 273.73 and traded as low as GBX 265.10. Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 267, with a volume of 142,195 shares traded.

Ecofin Global Utilities and Infrastructure Trust Stock Down 0.2%

The firm has a market capitalization of £246.08 million, a P/E ratio of 4.10 and a beta of 1.00. The firm’s 50-day moving average is GBX 273.73 and its 200 day moving average is GBX 266.44. The company has a debt-to-equity ratio of 6.26, a quick ratio of 0.04 and a current ratio of 0.15.

Ecofin Global Utilities and Infrastructure Trust (LON:EGLGet Free Report) last released its earnings results on Wednesday, June 3rd. The company reported GBX 1.92 earnings per share (EPS) for the quarter. The firm had revenue of GBX 317 million during the quarter. Ecofin Global Utilities and Infrastructure Trust had a return on equity of 25.45% and a net margin of 271.70%.

Insiders Place Their Bets

In other Ecofin Global Utilities and Infrastructure Trust news, insider Susannah Nicklin acquired 3,650 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were acquired at an average price of GBX 272 per share, with a total value of £9,928. 1.82% of the stock is currently owned by company insiders.

About Ecofin Global Utilities and Infrastructure Trust

(Get Free Report)

Ecofin Global Utilities and Infrastructure Trust plc is a closed-ended equity mutual fund launched and managed by Tortoise Advisors UK Limited. manages assets for clients worldwide. The fund invests in the public equity markets across the globe. It primarily invests in growth stocks of companies. The fund seeks to invests in utility and infrastructure companies in developed countries. Ecofin Global Utilities and Infrastructure Trust plc was formed on September 26, 2016 and is domiciled in the United Kingdom.

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