SDCL Energy Efficiency Income Trust (LON:SEIT) Shares Down 1.5% – Time to Sell?

SDCL Energy Efficiency Income Trust Plc (LON:SEIT) dropped 1.5% during mid-day trading on Friday . The stock traded as low as GBX 52.20 ($0.64) and last traded at GBX 52.60 ($0.64). Approximately 36,478,309 shares traded hands during trading, an increase of 457% from the average daily volume of 6,549,443 shares. The stock had previously closed at GBX 53.40 ($0.65).

SDCL Energy Efficiency Income Trust Stock Performance

The firm has a market capitalization of £573.34 million, a PE ratio of -526.00 and a beta of 0.48. The stock has a fifty day moving average price of GBX 54.46 and a 200-day moving average price of GBX 59.90.

SDCL Energy Efficiency Income Trust Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were paid a GBX 1.58 ($0.02) dividend. The ex-dividend date was Thursday, December 12th. This represents a yield of 3.16%. SDCL Energy Efficiency Income Trust’s dividend payout ratio (DPR) is presently -6,000.00%.

About SDCL Energy Efficiency Income Trust

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