Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Trading Down 0.3% – What’s Next?

Shares of Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) fell 0.3% on Monday . The stock traded as low as GBX 190.02 ($2.39) and last traded at GBX 191.50 ($2.41). 195,107 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 283,973 shares. The stock had previously closed at GBX 192 ($2.41).

Ecofin Global Utilities and Infrastructure Trust Stock Down 0.3 %

The company has a debt-to-equity ratio of 9.44, a current ratio of 0.35 and a quick ratio of 0.04. The stock has a 50-day moving average price of GBX 192.28 and a 200-day moving average price of GBX 185.99. The company has a market capitalization of £212.28 million, a P/E ratio of -1,063.89 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be given a GBX 2.05 ($0.03) dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, October 31st. Ecofin Global Utilities and Infrastructure Trust’s dividend payout ratio (DPR) is presently -4,444.44%.

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.