Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 236.50 and traded as low as GBX 234. Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 238.71, with a volume of 170,283 shares.

Ecofin Global Utilities and Infrastructure Trust Stock Down 0.6%

The company has a fifty day simple moving average of GBX 236.50 and a 200-day simple moving average of GBX 227.60. The firm has a market cap of £222.51 million, a P/E ratio of 7.69 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL) last posted its quarterly earnings data on Friday, December 12th. The company reported GBX 7.45 EPS for the quarter. Ecofin Global Utilities and Infrastructure Trust had a negative return on equity of 4.40% and a net margin of 192.30%.

Ecofin Global Utilities and Infrastructure Trust Company Profile

Ecofin Global Utilities and Infrastructure Trust plc is a closed-ended equity mutual fund launched and managed by Tortoise Advisors UK Limited. manages assets for clients worldwide. The fund invests in the public equity markets across the globe. It primarily invests in growth stocks of companies. The fund seeks to invests in utility and infrastructure companies in developed countries. Ecofin Global Utilities and Infrastructure Trust plc was formed on September 26, 2016 and is domiciled in the United Kingdom.