SDCL Energy Efficiency Income Trust (LON:SEIT) Shares Down 0.1% – Here’s What Happened

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) shares dropped 0.1% during trading on Monday . The company traded as low as GBX 42.25 and last traded at GBX 43. Approximately 1,652,262 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 4,296,293 shares. The stock had previously closed at GBX 43.05.

SDCL Energy Efficiency Income Trust Trading Down 0.1%

The company has a market capitalization of £466.73 million, a price-to-earnings ratio of 12.65 and a beta of 0.81. The company has a 50 day moving average price of GBX 43.98 and a 200 day moving average price of GBX 50.77.

About SDCL Energy Efficiency Income Trust

“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.