Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 186.70 ($2.41) and traded as low as GBX 185.35 ($2.40). Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 187.50 ($2.42), with a volume of 350,914 shares traded.
Ecofin Global Utilities and Infrastructure Trust Price Performance
The company has a fifty day moving average of GBX 186.95 and a 200-day moving average of GBX 188.41. The firm has a market cap of £199.23 million, a P/E ratio of -20.75 and a beta of 0.53.
Ecofin Global Utilities and Infrastructure Trust (LON:EGL - Get Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX 7.17 ($0.09) earnings per share for the quarter. Ecofin Global Utilities and Infrastructure Trust had a negative return on equity of 4.40% and a net margin of 192.30%.
Ecofin Global Utilities and Infrastructure Trust Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 5th will be issued a dividend of GBX 2.13 ($0.03) per share. This is a boost from Ecofin Global Utilities and Infrastructure Trust's previous dividend of $2.05. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a yield of 1.11%. Ecofin Global Utilities and Infrastructure Trust's dividend payout ratio is -89.73%.
Insider Activity
In other Ecofin Global Utilities and Infrastructure Trust news, insider Susannah Nicklin sold 1,307 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of GBX 190 ($2.46), for a total value of £2,483.30 ($3,209.64). Also, insider David Simpson sold 27,766 shares of the firm's stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 176 ($2.27), for a total value of £48,868.16 ($63,161.64). Corporate insiders own 0.75% of the company's stock.
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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