ECA Marcellus Trust I (OTCMKTS:ECT – Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.40 and traded as high as $0.4099. ECA Marcellus Trust I shares last traded at $0.4002, with a volume of 22,400 shares traded.
ECA Marcellus Trust I Stock Down 2.9%
The business has a 50-day moving average price of $0.40 and a 200-day moving average price of $0.40. The company has a market capitalization of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00.
About ECA Marcellus Trust I
ECA Marcellus Trust I (OTCMKTS:ECT) is a statutory trust that holds royalty and other interests in oil and natural-gas properties located in the Marcellus Shale formation. The trust is designed to receive proceeds from the production of natural gas and related hydrocarbons from its underlying properties rather than conduct exploration, drilling, or production activities directly.
The trust’s assets are associated primarily with properties in southwestern Pennsylvania, including the Marcellus Shale region.
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