ECA Marcellus Trust I (OTCMKTS:ECT) Share Price Passes Above 200-Day Moving Average – Should You Sell?

ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.40 and traded as high as $0.41. ECA Marcellus Trust I shares last traded at $0.40, with a volume of 22,400 shares trading hands.

ECA Marcellus Trust I Price Performance

The stock has a market cap of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The stock’s 50-day moving average is $0.40 and its 200 day moving average is $0.40.

About ECA Marcellus Trust I

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ECA Marcellus Trust I is a statutory trust. It owns royalty interest in producing wells and development wells. It also acquires horizontal natural gas development wells to be drilled to the Marcellus Shale formation. The company was founded in March 2010 and is headquartered in Houston, TX.

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