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

ECA Marcellus Trust I (OTCMKTS:ECTGet Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . 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 Performance

The firm has a market capitalization of $7.05 million, a price-to-earnings ratio of 5.00 and a beta of 2.00. The business has a fifty day moving average price of $0.40 and a 200 day moving average price of $0.40.

About ECA Marcellus Trust I

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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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