SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Down 1% – Here’s Why

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEIT) fell 1% during trading on Tuesday . The stock traded as low as GBX 50 and last traded at GBX 50. 3,470,452 shares were traded during trading, an increase of 18% from the average session volume of 2,953,316 shares. The stock had previously closed at GBX 50.50.

SDCL Energy Efficiency Income Trust Stock Performance

The business’s fifty day moving average price is GBX 55.08 and its two-hundred day moving average price is GBX 56.81. The stock has a market capitalization of £542.71 million, a P/E ratio of 14.71 and a beta of 0.48.

SDCL Energy Efficiency Income Trust (LON:SEIT) last announced its quarterly earnings results on Monday, December 8th. The company reported GBX 0.20 EPS for the quarter. SDCL Energy Efficiency Income Trust had a net margin of 125.95% and a negative return on equity of 5.73%.

About SDCL Energy Efficiency Income Trust

“SDCL Efficiency Income Trust plc is a constituent of the FTSE 250 index. It was the first UK listed company of its kind to invest exclusively in the energy efficiency sector. Its projects are primarily located in the UK, Europe and North America and include, inter alia, a portfolio of cogeneration assets in Spain, a portfolio of commercial and industrial solar and storage projects in the United States, a regulated gas distribution network in Sweden and a district energy system providing essential and efficient utility services on one of the largest business parks in the United States.

The Company aims to deliver shareholders value through its investment in a diversified portfolio of energy efficiency projects which are driven by the opportunity to deliver lower cost, cleaner and more reliable energy solutions to end users of energy.
The Company is targeting an attractive total return for shareholders of 7-8 per cent.