SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Down 2% - What's Next?

Key Points

• SDCL's shares were down 2% intraday to GBX 48 from a GBX 49 close, with trading volume of 3,064,988 shares—about 15% above its average session volume.
• The stock trades below its 50‑day (GBX 50.19) and 200‑day (GBX 55.09) moving averages, and has a market cap of £521.0m, a P/E of 14.12 and a low beta of 0.48.
• SDCL, a FTSE 250 company investing exclusively in energy efficiency projects across the UK, Europe and North America, reported quarterly EPS of GBX 0.20 and is targeting a total return of 7–8% for shareholders.

SDCL Energy Efficiency Income Trust Plc (LON:SEIT - Get Free Report)'s stock price fell 2% during mid-day trading on Thursday . The stock traded as low as GBX 47.95 and last traded at GBX 48. 3,064,988 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 2,673,931 shares. The stock had previously closed at GBX 49.

SDCL Energy Efficiency Income Trust Price Performance

The company has a fifty day moving average price of GBX 50.19 and a 200 day moving average price of GBX 55.09. The stock has a market cap of £521.00 million, a P/E ratio of 14.12 and a beta of 0.48.

SDCL Energy Efficiency Income Trust (LON:SEIT - Get Free Report) last announced its quarterly earnings results on Monday, December 8th. The company reported GBX 0.20 EPS for the quarter. SDCL Energy Efficiency Income Trust had a net margin of 96.69% and a return on equity of 7.25%.

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.

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