Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Reaches New 52-Week High - Here's What Happened

Key Points

• Ecofin Global Utilities and Infrastructure Trust (LON:EGL) shares hit a new 52-week high at GBX 226.37 ($3.01) during trading on Thursday.
• The stock has a market capitalization of £232.91 million and a notably high P/E ratio of 812.68.
• Managed by Tortoise Advisors UK Limited, the fund primarily invests in utility and infrastructure companies across developed countries.

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - ) shares reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 226.37 ($3.01) and last traded at GBX 223 ($2.97), with a volume of 390304 shares changing hands. The stock had previously closed at GBX 222 ($2.95).

Ecofin Global Utilities and Infrastructure Trust Price Performance

The stock has a market capitalization of £232.91 million, a P/E ratio of 812.68 and a beta of 0.53. The business's 50 day simple moving average is GBX 217.76 and its 200-day simple moving average is GBX 209.51.

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.

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