Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 236.50 and traded as low as GBX 234. Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 238.71, with a volume of 170,283 shares trading hands.

Ecofin Global Utilities and Infrastructure Trust Stock Down 0.0%

The stock’s 50 day moving average price is GBX 236.50 and its two-hundred day moving average price is GBX 227.33. The stock has a market cap of £223.87 million, a price-to-earnings ratio of 7.74 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL) last posted its quarterly earnings results on Friday, December 12th. The company reported GBX 7.45 EPS for the quarter. Ecofin Global Utilities and Infrastructure Trust had a net margin of 192.30% and a negative return on equity of 4.40%.

About Ecofin Global Utilities and Infrastructure Trust

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.