Eca Marcellus Trust I (ECT) Sees Unusually-High Trading Volume
Eca Marcellus Trust I (NYSE:ECT) saw unusually-high trading volume on Tuesday . Approximately 145,340 shares changed hands during mid-day trading, an increase of 140% from the previous session’s volume of 60,682 shares.The stock last traded at $2.03 and had previously closed at $1.98.
The firm has a 50 day moving average of $1.85 and a 200 day moving average of $1.49. The stock has a market capitalization of $37.32 million and a price-to-earnings ratio of 9.42.
ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust does not conduct any operations or activities.
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