SDCL Energy Efficiency Income Trust (LON:SEIT) Stock Price Down 2% – Should You Sell?

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) traded down 2% on Thursday . The company traded as low as GBX 47.95 and last traded at GBX 48. 3,064,988 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 2,673,931 shares. The stock had previously closed at GBX 49.

SDCL Energy Efficiency Income Trust Stock Down 2.0%

The stock has a 50-day moving average of GBX 50.19 and a 200 day moving average of GBX 55.09. The company has a market capitalization of £521.00 million, a PE ratio of 14.12 and a beta of 0.48.

SDCL Energy Efficiency Income Trust (LON:SEIT) last posted its quarterly earnings data on Monday, December 8th. The company reported GBX 0.20 earnings per share for the quarter. SDCL Energy Efficiency Income Trust had a return on equity of 7.25% and a net margin of 96.69%.

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.