ECA Marcellus Trust I (OTCMKTS:ECT) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report) shares passed above its 200-day moving average during trading on Friday . 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 changing hands.

ECA Marcellus Trust I Trading Down 2.9 %

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

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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