SDCL Energy Efficiency Income Trust (LON:SEIT) Shares Up 1.1% – Should You Buy?

SDCL Energy Efficiency Income Trust Plc (LON:SEITGet Free Report) shot up 1.1% during trading on Monday . The company traded as high as GBX 45.40 and last traded at GBX 45.30. 4,884,781 shares were traded during trading, an increase of 8% from the average session volume of 4,504,300 shares. The stock had previously closed at GBX 44.80.

SDCL Energy Efficiency Income Trust Stock Performance

The business’s 50 day moving average is GBX 42.88 and its 200-day moving average is GBX 48.88. The stock has a market cap of £491.70 million, a price-to-earnings ratio of 13.32 and a beta of 0.81.

SDCL Energy Efficiency Income Trust Company Profile

(Get Free Report)

“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.

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