Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Share Price Passes Above 50-Day Moving Average of $184.98

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 184.98 ($2.48) and traded as high as GBX 193.36 ($2.59). Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 192 ($2.57), with a volume of 112,597 shares traded.

Ecofin Global Utilities and Infrastructure Trust Trading Up 1.1 %

The stock has a market capitalization of £212.83 million, a PE ratio of -1,066.67 and a beta of 0.53. The stock’s 50 day moving average price is GBX 184.98 and its 200-day moving average price is GBX 178.53. The company has a quick ratio of 0.04, a current ratio of 0.35 and a debt-to-equity ratio of 9.44.

Ecofin Global Utilities and Infrastructure Trust Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 1st were issued a dividend of GBX 2.05 ($0.03) per share. This represents a yield of 1.11%. The ex-dividend date was Thursday, August 1st. Ecofin Global Utilities and Infrastructure Trust’s dividend payout ratio (DPR) is currently -4,444.44%.

Insider Transactions at Ecofin Global Utilities and Infrastructure Trust

In related news, insider David Simpson sold 546 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of GBX 183 ($2.45), for a total transaction of £999.18 ($1,337.95). Insiders own 0.75% 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.