ECA Marcellus Trust I (OTCMKTS:ECT – Get Free Report) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $0.40 and traded as high as $0.4099. ECA Marcellus Trust I shares last traded at $0.4002, with a volume of 22,400 shares.
ECA Marcellus Trust I Stock Performance
The stock has a market cap of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The company has a 50-day moving average of $0.40 and a 200-day moving average of $0.40.
About ECA Marcellus Trust I
ECA Marcellus Trust I (OTCMKTS:ECT) is a statutory trust that holds royalty and other interests in oil and natural-gas properties located in the Marcellus Shale formation. The trust is designed to receive proceeds from the production of natural gas and related hydrocarbons from its underlying properties rather than conduct exploration, drilling, or production activities directly.
The trust’s assets are associated primarily with properties in southwestern Pennsylvania, including the Marcellus Shale region.
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