Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 268.56 and traded as low as GBX 251.12. Ecofin Global Utilities and Infrastructure Trust shares last traded at GBX 255, with a volume of 255,578 shares traded.

Ecofin Global Utilities and Infrastructure Trust Stock Performance

The company has a quick ratio of 0.04, a current ratio of 0.15 and a debt-to-equity ratio of 6.26. The company has a market capitalization of £238.06 million, a PE ratio of 3.93 and a beta of 1.00. The stock’s fifty day simple moving average is GBX 269.41 and its 200-day simple moving average is GBX 268.56.

Insider Transactions at Ecofin Global Utilities and Infrastructure Trust

In other Ecofin Global Utilities and Infrastructure Trust news, insider Susannah Nicklin purchased 3,650 shares of Ecofin Global Utilities and Infrastructure Trust stock in a transaction on Friday, June 12th. The shares were bought at an average price of GBX 272 per share, with a total value of £9,928. Insiders own 1.81% of the company’s stock.

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. Ecofin Global Utilities and Infrastructure Trust plc was formed on September 26, 2016 and is domiciled in the United Kingdom.