SDCL Energy Efficiency Income Trust (LON:SEIT) Sets New 1-Year Low at $87.39

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEIT – Get Rating) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 87.39 ($1.05) and last traded at GBX 87.39 ($1.05), with a volume of 158809 shares trading hands. The stock had previously closed at GBX 89.90 ($1.08).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “not rated” rating on shares of SDCL Energy Efficiency Income Trust in a report on Friday, December 9th.

SDCL Energy Efficiency Income Trust Trading Down 2.8 %

The stock has a market cap of £970.02 million, a PE ratio of 1,286.43 and a beta of 0.45. The company has a fifty day moving average of GBX 94.80 and a 200-day moving average of GBX 101.67.

SDCL Energy Efficiency Income Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, March 31st. Investors of record on Thursday, March 9th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, March 9th. This represents a dividend yield of 1.62%. SDCL Energy Efficiency Income Trust’s dividend payout ratio is presently 8,571.43%.

Insiders Place Their Bets

In related news, insider Helen Clarkson purchased 6,674 shares of the business’s stock in a transaction on Tuesday, February 7th. The shares were bought at an average price of GBX 92 ($1.11) per share, for a total transaction of £6,140.08 ($7,383.45). 2.40% of the stock is owned by company insiders.

SDCL Energy Efficiency Income Trust Company Profile

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SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.