SDCL Energy Efficiency Income Trust (LON:SEIT) Shares Down 0.6% – Should You Sell?

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEIT) traded down 0.6% during trading on Friday . The stock traded as low as GBX 37.40 and last traded at GBX 38.40. Approximately 2,401,176 shares were traded during mid-day trading, a decline of 49% from the average session volume of 4,695,214 shares. The stock had previously closed at GBX 38.65.

Analysts Set New Price Targets

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

SDCL Energy Efficiency Income Trust Stock Down 0.6%

The firm has a 50 day moving average of GBX 40.37 and a two-hundred day moving average of GBX 44.68. The firm has a market capitalization of £416.80 million, a price-to-earnings ratio of -4.74 and a beta of 0.82.

SDCL Energy Efficiency Income Trust (LON:SEIT) last issued its earnings results on Thursday, June 25th. The company reported GBX (8.10) EPS for the quarter. SDCL Energy Efficiency Income Trust had a negative return on equity of 9.74% and a net margin of 192.94%.The business had revenue of GBX (7,650) million for the quarter.

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.