Ecofin Global Utilities and Infrastructure Trust (LON:EGL) Stock Price Down 0.3% – Here’s What Happened

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) shares fell 0.3% during trading on Monday . The stock traded as low as GBX 190.02 ($2.39) and last traded at GBX 191.50 ($2.41). 195,107 shares were traded during trading, a decline of 31% from the average session volume of 283,973 shares. The stock had previously closed at GBX 192 ($2.41).

Ecofin Global Utilities and Infrastructure Trust Stock Down 0.3 %

The firm has a 50 day simple moving average of GBX 192.28 and a two-hundred day simple moving average of GBX 185.99. The stock has a market capitalization of £212.28 million, a P/E ratio of -1,063.89 and a beta of 0.53. The company has a quick ratio of 0.04, a current ratio of 0.35 and a debt-to-equity ratio of 9.44.

Ecofin Global Utilities and Infrastructure Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 31st will be given a dividend of GBX 2.05 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 1.04%. Ecofin Global Utilities and Infrastructure Trust’s dividend payout ratio is currently -4,444.44%.

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.