Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Down 0.5% - Here's Why

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report) was down 0.5% on Tuesday . The company traded as low as GBX 207 ($2.78) and last traded at GBX 208 ($2.80). Approximately 42,854 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 206,234 shares. The stock had previously closed at GBX 209 ($2.81).

Ecofin Global Utilities and Infrastructure Trust Price Performance

The company has a market capitalization of £223.99 million, a P/E ratio of -23.33 and a beta of 0.53. The firm has a fifty day moving average price of GBX 204.08 and a 200-day moving average price of GBX 192.80.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL - Get Free Report) last issued its quarterly earnings results on Tuesday, May 27th. The company reported GBX 1.86 ($0.03) 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%.

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.