SDCL Energy Efficiency Income Trust (LON:SEIT) Stock Price Up 0.3% - Here's What Happened

SDCL Energy Efficiency Income Trust Plc (LON:SEIT - Get Free Report)'s share price was up 0.3% during mid-day trading on Monday . The company traded as high as GBX 58.40 ($0.78) and last traded at GBX 57.80 ($0.78). Approximately 2,634,350 shares traded hands during trading, a decline of 36% from the average daily volume of 4,107,970 shares. The stock had previously closed at GBX 57.60 ($0.77).

SDCL Energy Efficiency Income Trust Trading Up 1.0%

The stock's 50-day moving average is GBX 49.14 and its 200-day moving average is GBX 49.46. The company has a market cap of £639.14 million, a price-to-earnings ratio of -11.29 and a beta of 0.48.

SDCL Energy Efficiency Income Trust (LON:SEIT - Get Free Report) last released its quarterly earnings data on Monday, June 23rd. The company reported GBX 6.40 ($0.09) earnings per share for the quarter. SDCL Energy Efficiency Income Trust had a net margin of 125.95% and a negative return on equity of 5.73%.

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.