Eca Marcellus Trust I (ECT) Shares Down 6.1%
Eca Marcellus Trust I (NYSE:ECT) was down 6.1% on Monday . The company traded as low as $2.00 and last traded at $2.00, with a volume of 84,894 shares. The stock had previously closed at $2.13.
The firm has a 50 day moving average price of $2.01 and a 200-day moving average price of $1.57. The firm has a market cap of $35.21 million and a PE ratio of 8.89.
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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