SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Down 0.8% – What’s Next?

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) shares were down 0.8% on Wednesday . The stock traded as low as GBX 50.30 and last traded at GBX 50.40. Approximately 1,479,536 shares traded hands during trading, a decline of 41% from the average daily volume of 2,489,331 shares. The stock had previously closed at GBX 50.80.

SDCL Energy Efficiency Income Trust Stock Up 0.6%

The company has a market capitalization of £550.56 million, a price-to-earnings ratio of 14.92 and a beta of 0.48. The stock has a 50 day simple moving average of GBX 51.69 and a 200 day simple moving average of GBX 56.07.

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

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.