SDCL Energy Efficiency Income Trust Plc (LON:SEIT – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Friday . The company traded as high as GBX 36.50 and last traded at GBX 36.20. Approximately 1,366,081 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 4,405,186 shares. The stock had previously closed at GBX 36.15.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group restated a “restricted” rating on shares of SDCL Energy Efficiency Income Trust in a research note on Friday, June 26th.
View Our Latest Research Report on SDCL Energy Efficiency Income Trust
SDCL Energy Efficiency Income Trust Trading Up 0.1%
The business’s fifty day simple moving average is GBX 37.16 and its 200-day simple moving average is GBX 41.87. The firm has a market cap of £392.92 million, a P/E ratio of -4.47 and a beta of 0.86.
SDCL Energy Efficiency Income Trust (LON:SEIT – Get Free Report) 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 company had revenue of GBX (7,650) million during the quarter.
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.
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