Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 188.91 ($2.44) and traded as high as GBX 192 ($2.48). Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 190 ($2.45), with a volume of 120,214 shares.
Ecofin Global Utilities and Infrastructure Trust Stock Performance
The stock has a fifty day simple moving average of GBX 188.81 and a two-hundred day simple moving average of GBX 189.03. The stock has a market cap of £207.03 million, a price-to-earnings ratio of -21.56 and a beta of 0.53.
Ecofin Global Utilities and Infrastructure Trust Increases Dividend
The business also recently announced a dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 5th were paid a dividend of GBX 2.13 ($0.03) per share. This represents a dividend yield of 1.11%. The ex-dividend date was Wednesday, February 5th. This is a boost from Ecofin Global Utilities and Infrastructure Trust's previous dividend of $2.05. Ecofin Global Utilities and Infrastructure Trust's payout ratio is presently -89.73%.
Insider Buying and Selling
In related news, insider Susannah Nicklin sold 1,307 shares of Ecofin Global Utilities and Infrastructure Trust stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of GBX 190 ($2.45), for a total transaction of £2,483.30 ($3,208.40). 0.75% of the stock is currently owned by corporate insiders.
About Ecofin Global Utilities and Infrastructure Trust
(
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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.
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