Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Trading 0.9% Higher – Here’s What Happened

Shares of Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) traded up 0.9% during trading on Friday . The company traded as high as GBX 237 and last traded at GBX 235. 149,235 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 238,592 shares. The stock had previously closed at GBX 233.

Ecofin Global Utilities and Infrastructure Trust Price Performance

The stock’s fifty day simple moving average is GBX 236.61 and its 200-day simple moving average is GBX 224.95. The firm has a market cap of £220.63 million, a PE ratio of 8.56 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL) last announced its quarterly earnings data on Friday, December 12th. The company reported GBX 7.45 earnings per share for the quarter. Ecofin Global Utilities and Infrastructure Trust had a net margin of 192.30% and a negative return on equity of 4.40%.

Insider Buying and Selling

In other Ecofin Global Utilities and Infrastructure Trust news, insider Susannah Nicklin purchased 1,250 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The shares were bought at an average price of GBX 237 per share, for a total transaction of £2,962.50. 1.59% of the stock is currently owned by corporate insiders.

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.