Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Sets New 12-Month High – Still a Buy?

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGLGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 288 and last traded at GBX 281, with a volume of 309038 shares trading hands. The stock had previously closed at GBX 280.

Ecofin Global Utilities and Infrastructure Trust Stock Performance

The business’s 50 day simple moving average is GBX 264.01 and its 200-day simple moving average is GBX 247.02. The company has a market cap of £259.13 million, a price-to-earnings ratio of 9.02 and a beta of 1.01.

About Ecofin Global Utilities and Infrastructure Trust

(Get Free Report)

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.

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