Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Down 0.5% - Should You Sell?

Key Points

• Ecofin Global Utilities and Infrastructure Trust shares fell by 0.5%, trading at GBX 221 ($2.95), with mid-day trading volume down 23% compared to the average.
• The company reported a net margin of 192.30% and negative return on equity of 4.40% in its last quarterly earnings, with an EPS of GBX 1.86 ($0.02).
• Ecofin is a closed-ended equity mutual fund managed by Tortoise Advisors UK, focusing on utility and infrastructure growth stocks in developed countries.

Shares of Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL - Get Free Report) were down 0.5% during trading on Tuesday . The stock traded as low as GBX 220 ($2.92) and last traded at GBX 221 ($2.93). Approximately 151,613 shares traded hands during trading, a decline of 23% from the average daily volume of 196,110 shares. The stock had previously closed at GBX 222 ($2.95).

Ecofin Global Utilities and Infrastructure Trust Stock Performance

The company's 50-day moving average price is GBX 213.57 and its 200 day moving average price is GBX 199.63. The stock has a market cap of £234.76 million, a PE ratio of -24.45 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL - Get Free Report) last posted its earnings results on Tuesday, May 27th. The company reported GBX 1.86 ($0.02) 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.