Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Shares Down 0.6% – Should You Sell?

Shares of Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) traded down 0.6% during trading on Tuesday . The company traded as low as GBX 174.52 ($2.18) and last traded at GBX 175 ($2.19). 505,389 shares were traded during trading, an increase of 79% from the average session volume of 282,266 shares. The stock had previously closed at GBX 176 ($2.20).

Ecofin Global Utilities and Infrastructure Trust Stock Up 1.1 %

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 stock’s 50-day moving average price is GBX 190.14 and its two-hundred day moving average price is GBX 186.31. The stock has a market capitalization of £198.42 million, a PE ratio of -994.44 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were issued a GBX 2.05 ($0.03) dividend. This represents a yield of 1.04%. The ex-dividend date was 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.