SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Up 1.2% – What’s Next?

SDCL Energy Efficiency Income Trust Plc (LON:SEITGet Free Report) traded up 1.2% during trading on Friday . The stock traded as high as GBX 36.80 and last traded at GBX 36.60. Approximately 1,778,005 shares were traded during mid-day trading, a decline of 58% from the average session volume of 4,237,657 shares. The stock had previously closed at GBX 36.15.

Wall Street Analyst Weigh In

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

Get Our Latest Research Report on SDCL Energy Efficiency Income Trust

SDCL Energy Efficiency Income Trust Trading Up 1.2%

The firm has a market capitalization of £397.26 million, a P/E ratio of -4.52 and a beta of 0.86. The company has a 50 day simple moving average of GBX 37.14 and a two-hundred day simple moving average of GBX 40.49.

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

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.

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