SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Up 0.1% – Should You Buy?

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEITGet Free Report) were up 0.1% during mid-day trading on Friday . The stock traded as high as GBX 36.50 and last traded at GBX 36.20. 1,366,081 shares traded hands during trading, a decline of 69% from the average daily volume of 4,405,186 shares. The stock had previously closed at GBX 36.15.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “restricted” rating on shares of SDCL Energy Efficiency Income Trust in a research report on Friday, June 26th.

View Our Latest Research Report on SEIT

SDCL Energy Efficiency Income Trust Stock Performance

The business’s 50 day moving average price is GBX 37.16 and its 200 day moving average price is GBX 41.87. The firm has a market cap of £392.92 million, a price-to-earnings ratio of -4.47 and a beta of 0.86.

SDCL Energy Efficiency Income Trust (LON:SEITGet Free Report) last announced its earnings results on Thursday, June 25th. The company reported GBX (8.10) earnings per share for the quarter. The business had revenue of GBX (7,650) million for the quarter. SDCL Energy Efficiency Income Trust had a negative return on equity of 9.74% and a net margin of 192.94%.

About SDCL Energy Efficiency Income Trust

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“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.

Further Reading

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