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

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 271.63 and traded as low as GBX 256.78. Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 259, with a volume of 192,725 shares.

Ecofin Global Utilities and Infrastructure Trust Stock Down 1.0%

The company has a current ratio of 0.15, a quick ratio of 0.04 and a debt-to-equity ratio of 6.26. The company has a market capitalization of £239.60 million, a P/E ratio of 3.99 and a beta of 1.00. The stock has a 50 day moving average price of GBX 271.63 and a 200 day moving average price of GBX 268.16.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL) last issued its earnings results on Wednesday, June 3rd. The company reported GBX 1.92 earnings per share (EPS) for the quarter. The business 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%.

Insider Transactions at Ecofin Global Utilities and Infrastructure Trust

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

Ecofin Global Utilities and Infrastructure Trust Company Profile

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.