Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 187.47 ($2.43) and traded as low as GBX 183.50 ($2.38). Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 187 ($2.43), with a volume of 131,100 shares.
Ecofin Global Utilities and Infrastructure Trust Trading Down 0.1 %
The firm has a market cap of £204.48 million, a PE ratio of -21.30 and a beta of 0.53. The business has a fifty day moving average price of GBX 187.54 and a 200 day moving average price of GBX 188.64.
Ecofin Global Utilities and Infrastructure Trust (LON:EGL - Get Free Report) last released 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 net margin of 192.30% and a negative return on equity of 4.40%.
Ecofin Global Utilities and Infrastructure Trust Increases Dividend
The business also recently declared a dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 5th were paid a dividend of GBX 2.13 ($0.03) per share. This is a positive change from Ecofin Global Utilities and Infrastructure Trust's previous dividend of $2.05. This represents a yield of 1.11%. The ex-dividend date of this dividend was Wednesday, February 5th. Ecofin Global Utilities and Infrastructure Trust's dividend payout ratio (DPR) is currently -89.73%.
Insider Buying and Selling at Ecofin Global Utilities and Infrastructure Trust
In related news, insider David Simpson sold 27,766 shares of the company's stock in a transaction on Thursday, December 19th. The shares were sold at an average price of GBX 176 ($2.29), for a total value of £48,868.16 ($63,473.39). Also, insider Susannah Nicklin sold 1,307 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of GBX 190 ($2.47), for a total transaction of £2,483.30 ($3,225.48). 0.75% of the stock is currently owned by insiders.
About Ecofin Global Utilities and Infrastructure Trust
(
Get Free Report)
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.
Further Reading
Before you consider Ecofin Global Utilities and Infrastructure Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ecofin Global Utilities and Infrastructure Trust wasn't on the list.
While Ecofin Global Utilities and Infrastructure Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
