ECA Marcellus Trust I (OTCMKTS:ECT – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . 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 trading hands.
ECA Marcellus Trust I Trading Down 2.9%
The company has a market cap of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The business has a fifty day moving average of $0.40 and a two-hundred day moving average of $0.40.
About ECA Marcellus Trust I
ECA Marcellus Trust I is a statutory royalty trust created to hold net profits interests in oil and natural gas properties situated in the Marcellus Shale region of Pennsylvania. The trust exists to receive and distribute the proceeds attributable to its working interests in designated leasehold areas, offering investors exposure to production revenues without the operational obligations of drilling or field development.
The trust’s asset base comprises net profits interests associated with wells operated primarily by Encana Oil & Gas (USA) Partners and affiliated operators.
Featured Articles
- Five stocks we like better than ECA Marcellus Trust I
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for ECA Marcellus Trust I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECA Marcellus Trust I and related companies with MarketBeat.com's FREE daily email newsletter.
