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Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Sets New 12-Month High - Time to Buy?

Ecofin Global Utilities and Infrastructure Trust logo with Financial Services background
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Key Points

  • The shares of Ecofin Global Utilities and Infrastructure Trust (LON:EGL) hit a new 52-week high, trading as high as GBX 283 and last at GBX 276 on volume of 484,723 shares (previous close GBX 270).
  • The fund has a market capitalization of £257.27 million, a PE ratio of 8.96 and a beta of 1.08, and is trading above its 50-day (GBX 255.39) and 200-day (GBX 241.83) simple moving averages.
  • Ecofin Global Utilities and Infrastructure Trust is a closed-ended equity fund (launched 2016, managed by Tortoise Advisors UK) that invests globally in growth stocks of utility and infrastructure companies in developed markets.
  • Five stocks we like better than Ecofin Global Utilities and Infrastructure Trust.

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 283 and last traded at GBX 276, with a volume of 484723 shares changing hands. The stock had previously closed at GBX 270.

Ecofin Global Utilities and Infrastructure Trust Stock Performance

The firm has a market capitalization of £257.27 million, a PE ratio of 8.96 and a beta of 1.08. The company has a fifty day simple moving average of GBX 255.39 and a two-hundred day simple moving average of GBX 241.83.

Ecofin Global Utilities and Infrastructure Trust Company Profile

(Get Free Report)

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.

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