News articles about ECA Marcellus Trust I (NYSE:ECT) have trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ECA Marcellus Trust I earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 44.4993004242207 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of ECT traded up $0.05 on Monday, hitting $1.60. 22,968 shares of the stock traded hands, compared to its average volume of 44,317. The company has a market capitalization of $27.29, a P/E ratio of 4.70 and a beta of 1.50. ECA Marcellus Trust I has a one year low of $1.45 and a one year high of $2.55.
About ECA Marcellus Trust I
ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation located in Greene County, Pennsylvania; and 52 horizontal natural gas development wells drilled to the Marcellus Shale formation covering approximately 9,300 acres held by ECA in Greene County, Pennsylvania.
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