Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Sets New 1-Year High at $199.00

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 199 ($2.63) and last traded at GBX 194 ($2.56), with a volume of 120996 shares traded. The stock had previously closed at GBX 193 ($2.55).

Ecofin Global Utilities and Infrastructure Trust Trading Up 0.5 %

The firm has a market cap of £215.05 million, a price-to-earnings ratio of -1,080.81 and a beta of 0.53. The firm’s 50-day moving average is GBX 184.16 and its 200-day moving average is GBX 177.21. The company has a current ratio of 0.35, a quick ratio of 0.04 and a debt-to-equity ratio of 9.44.

Ecofin Global Utilities and Infrastructure Trust Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 1st were issued a dividend of GBX 2.05 ($0.03) per share. This represents a dividend yield of 1.11%. The ex-dividend date was Thursday, August 1st. Ecofin Global Utilities and Infrastructure Trust’s dividend payout ratio is currently -4,444.44%.

Insider Buying and Selling

In other news, insider David Simpson sold 546 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of GBX 183 ($2.42), for a total value of £999.18 ($1,319.92). 0.75% of the stock is currently owned by company insiders.

Ecofin Global Utilities and Infrastructure Trust Company Profile

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.