Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Falls 1.6% – Here’s What Happened

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL – Get Free Report)’s share price fell 1.6% during mid-day trading on Wednesday. The stock traded as low as GBX 245 and last traded at GBX 245. Approximately 185,019 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 251,503 shares. The stock had previously closed at GBX 249.

Ecofin Global Utilities and Infrastructure Trust Price Performance

The company has a debt-to-equity ratio of 6.26, a current ratio of 0.15 and a quick ratio of 0.04. The firm’s 50 day moving average is GBX 257.80 and its 200 day moving average is GBX 267.30. The firm has a market cap of £229.64 million, a P/E ratio of 3.77 and a beta of 1.00.

About Ecofin Global Utilities and Infrastructure Trust

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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.

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