SDCL Energy Efficiency Income Trust (LON:SEIT) Shares Up 1% – Should You Buy?

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) shares shot up 1% on Monday . The company traded as high as GBX 52.80 and last traded at GBX 52.10. 1,914,056 shares were traded during trading, a decline of 48% from the average session volume of 3,655,394 shares. The stock had previously closed at GBX 51.60.

SDCL Energy Efficiency Income Trust Stock Performance

The stock has a market cap of £568.76 million, a PE ratio of 8.19 and a beta of 0.48. The company’s 50-day moving average price is GBX 57.82 and its 200 day moving average price is GBX 56.99.

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

SDCL Energy Efficiency Income Trust Company Profile

“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.