ECA Marcellus Trust I (OTCMKTS:ECT – Get Free Report)’s stock price dropped 2.9% on Thursday . The stock traded as low as $0.38 and last traded at $0.40. Approximately 22,400 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 66,792 shares. The stock had previously closed at $0.41.
ECA Marcellus Trust I Stock Down 2.9 %
The business’s fifty day moving average is $0.40 and its 200-day moving average is $0.40. The company has a market cap of $7.05 million, a PE ratio of 5.00 and a beta of 2.00.
ECA Marcellus Trust I Company Profile
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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