Eca Marcellus Trust I (ECT) Trading Up 3.9%
Eca Marcellus Trust I (NYSE:ECT) was up 3.9% on Tuesday . The stock traded as high as $2.18 and last traded at $2.15, with a volume of 58,686 shares. The stock had previously closed at $2.07.
The firm has a market cap of $37.85 million and a PE ratio of 11.20. The firm has a 50 day moving average of $2.15 and a 200 day moving average of $1.84.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Friday, August 19th were paid a $0.028 dividend. This represents a $0.11 annualized dividend and a dividend yield of 5.14%. The ex-dividend date of this dividend was Wednesday, August 17th. This is a positive change from Eca Marcellus Trust I’s previous quarterly dividend of $0.03.
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Eca Marcellus Trust I Company Profile
ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust does not conduct any operations or activities.
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