SDCL Energy Efficiency Income Trust (LON:SEIT) Reaches New 52-Week Low – Here’s What Happened

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 39.30 and last traded at GBX 40.40, with a volume of 4534613 shares. The stock had previously closed at GBX 39.80.

SDCL Energy Efficiency Income Trust Trading Up 0.6%

The company’s fifty day simple moving average is GBX 47.46 and its 200 day simple moving average is GBX 53.35. The stock has a market capitalization of £453.16 million, a P/E ratio of 12.28 and a beta of 0.68.

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.