SDCL Energy Efficiency Income Trust (LON:SEIT) Hits New 52-Week Low at $85.00

SDCL Energy Efficiency Income Trust Plc (LON:SEIT – Get Rating)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 85 ($1.04) and last traded at GBX 86.30 ($1.05), with a volume of 2251308 shares. The stock had previously closed at GBX 86.50 ($1.05).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “not rated” rating on shares of SDCL Energy Efficiency Income Trust in a research report on Friday, December 9th.

SDCL Energy Efficiency Income Trust Stock Down 0.2 %

The firm has a market cap of £961.26 million, a P/E ratio of 1,237.14 and a beta of 0.45. The firm’s 50-day moving average price is GBX 93.37 and its 200 day moving average price is GBX 100.32.

SDCL Energy Efficiency Income Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, March 31st. Investors of record on Thursday, March 9th will be given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend is Thursday, March 9th. This represents a yield of 1.62%. SDCL Energy Efficiency Income Trust’s dividend payout ratio (DPR) is 8,571.43%.

Insider Buying and Selling

In related news, insider Helen Clarkson purchased 6,674 shares of SDCL Energy Efficiency Income Trust stock in a transaction that occurred on Tuesday, February 7th. The shares were acquired at an average price of GBX 92 ($1.12) per share, for a total transaction of £6,140.08 ($7,483.34). 2.40% of the stock is owned by corporate insiders.

SDCL Energy Efficiency Income Trust Company Profile

(Get Rating)

SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.