Bluefield Solar Income Fund (LON:BSIF) Sets New 1-Year Low – Time to Sell?

Shares of Bluefield Solar Income Fund (LON:BSIF) hit a new 52-week low on Thursday . The company traded as low as GBX 95 ($1.20) and last traded at GBX 95 ($1.20), with a volume of 1085145 shares changing hands. The stock had previously closed at GBX 97.10 ($1.23).

Bluefield Solar Income Fund Trading Down 1.9 %

The company has a market cap of £576.30 million, a P/E ratio of 323.33 and a beta of 0.14. The company has a 50 day moving average price of GBX 104.44 and a 200-day moving average price of GBX 106.14.

Bluefield Solar Income Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 10th were given a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 2%. Bluefield Solar Income Fund’s dividend payout ratio is currently 3,000.00%.

Insider Transactions at Bluefield Solar Income Fund

In other Bluefield Solar Income Fund news, insider Glen Suarez purchased 10,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of GBX 98 ($1.24) per share, for a total transaction of £9,800 ($12,400.35). Company insiders own 5.42% of the company’s stock.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.