Eca Marcellus Trust I (ECT) Trading 2.9% Higher
Eca Marcellus Trust I (NYSE:ECT)’s share price traded up 2.9% on Thursday . The stock traded as high as $2.19 and last traded at $2.16, with a volume of 77,341 shares trading hands. The stock had previously closed at $2.10.
The firm’s 50-day moving average is $1.90 and its 200-day moving average is $1.51. The firm has a market capitalization of $37.50 million and a PE ratio of 9.47.
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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