ECA Marcellus Trust I (OTCMKTS:ECT) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report)’s share price 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 $0.41. ECA Marcellus Trust I shares last traded at $0.40, with a volume of 22,400 shares changing hands.

ECA Marcellus Trust I Stock Down 2.9%

The stock has a market cap of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The stock has a fifty day moving average of $0.40 and a two-hundred day moving average of $0.40.

ECA Marcellus Trust I Dividend Announcement

The company also recently announced a aug 25 dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 25th were issued a $0.02 dividend.

About ECA Marcellus Trust I

(Get Free Report)

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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