Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $12.08 and traded as low as $11.82. Ellsworth Growth and Income Fund shares last traded at $11.84, with a volume of 29,590 shares trading hands.
Ellsworth Growth and Income Fund Stock Down 1.5%
The company’s 50 day simple moving average is $12.08 and its two-hundred day simple moving average is $11.79.
Ellsworth Growth and Income Fund Company Profile
Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.
ECF’s investment strategy emphasizes a disciplined, research-driven approach.
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