ECA Marcellus Trust I (OTCMKTS:ECT) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.40 and traded as high as $0.41. ECA Marcellus Trust I shares last traded at $0.40, with a volume of 22,400 shares trading hands.

ECA Marcellus Trust I Stock Performance

The stock has a market capitalization of $7.05 million, a P/E ratio of 5.00 and a beta of 2.00. The stock has a 50-day moving average price of $0.40 and a two-hundred day moving average price of $0.40.

About ECA Marcellus Trust I

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ECA Marcellus Trust I is a statutory trust. It owns royalty interest in producing wells and development wells. It also acquires horizontal natural gas development wells to be drilled to the Marcellus Shale formation. The company was founded in March 2010 and is headquartered in Houston, TX.

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