SDCL Energy Efficiency Income Trust (LON:SEIT) Stock Price Down 1.3% - What's Next?

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEIT - Get Free Report) dropped 1.3% on Monday . The company traded as low as GBX 44.85 ($0.61) and last traded at GBX 44.85 ($0.61). Approximately 3,355,638 shares were traded during trading, a decline of 5% from the average daily volume of 3,539,761 shares. The stock had previously closed at GBX 45.45 ($0.62).

SDCL Energy Efficiency Income Trust Price Performance

The stock has a market cap of £476.07 million, a price-to-earnings ratio of -8.41 and a beta of 0.48. The company's 50 day moving average is GBX 46.58 and its 200 day moving average is GBX 50.36.

SDCL Energy Efficiency Income Trust Company Profile

SDCL Energy 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.