ECA Marcellus Trust I (OTCMKTS:ECT) Shares Pass Above 200-Day Moving Average – Here’s Why

ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

ECA Marcellus Trust I Stock Down 2.9 %

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

ECA Marcellus Trust I Company Profile

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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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