Eca Marcellus Trust I (ECT) Sees Large Volume Increase
Eca Marcellus Trust I (NYSE:ECT) shares saw strong trading volume on Tuesday . 145,340 shares traded 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 stock has a market capitalization of $38.38 million and a PE ratio of 9.69. The company has a 50 day moving average price of $1.88 and a 200 day moving average price of $1.50.
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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