The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.39 and traded as high as $16.15. The Gabelli Global Utility & Income Trust shares last traded at $15.97, with a volume of 7,913 shares.
The Gabelli Global Utility & Income Trust Stock Performance
The company’s 50 day simple moving average is $15.41.
The Gabelli Global Utility & Income Trust Company Profile
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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