Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Share Price Passes Above 50 Day Moving Average of $184.98

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 184.98 ($2.48) and traded as high as GBX 193.36 ($2.59). Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 192 ($2.57), with a volume of 112,597 shares trading hands.

Ecofin Global Utilities and Infrastructure Trust Stock Performance

The company has a debt-to-equity ratio of 9.44, a quick ratio of 0.04 and a current ratio of 0.35. The company has a market cap of £212.83 million, a PE ratio of -1,066.67 and a beta of 0.53. The company’s 50 day moving average price is GBX 185.18 and its 200-day moving average price is GBX 178.94.

Ecofin Global Utilities and Infrastructure Trust Announces Dividend

The company also recently declared a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 1st were given a dividend of GBX 2.05 ($0.03) per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a dividend yield of 1.11%. Ecofin Global Utilities and Infrastructure Trust’s dividend payout ratio is presently -4,444.44%.

Insider Transactions at Ecofin Global Utilities and Infrastructure Trust

In related news, insider David Simpson sold 546 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of GBX 183 ($2.45), for a total value of £999.18 ($1,337.95). 0.75% of the stock is owned by corporate insiders.

About Ecofin Global Utilities and Infrastructure Trust

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.