The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLUGet Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as high as $16.72. The Gabelli Global Utility & Income Trust shares last traded at $16.13, with a volume of 18,967 shares trading hands.

The Gabelli Global Utility & Income Trust Stock Down 0.9 %

The Gabelli Global Utility & Income Trust Company Profile

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The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.

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