Eca Marcellus Trust I (ECT) Trading Down 3.1%
Eca Marcellus Trust I (NYSE:ECT) shares were down 3.1% during trading on Wednesday . The stock traded as low as $2.13 and last traded at $2.21, with a volume of 54,695 shares. The stock had previously closed at $2.28.
The stock has a market capitalization of $38.90 million and a PE ratio of 9.82. The company’s 50-day moving average is $1.94 and its 200 day moving average is $1.53.
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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