ECA Marcellus Trust I (OTCMKTS:ECT – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.40 and traded as high as $0.4099. ECA Marcellus Trust I shares last traded at $0.4002, with a volume of 22,400 shares changing hands.
ECA Marcellus Trust I Trading Down 2.9%
The company has a market capitalization of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The firm’s 50 day simple moving average is $0.40 and its 200-day simple moving average is $0.40.
ECA Marcellus Trust I Company Profile
ECA Marcellus Trust I is a statutory royalty trust created to hold net profits interests in oil and natural gas properties situated in the Marcellus Shale region of Pennsylvania. The trust exists to receive and distribute the proceeds attributable to its working interests in designated leasehold areas, offering investors exposure to production revenues without the operational obligations of drilling or field development.
The trust’s asset base comprises net profits interests associated with wells operated primarily by Encana Oil & Gas (USA) Partners and affiliated operators.
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