Bluefield Solar Income Fund (LON:BSIF) Sets New 1-Year Low – What’s Next?

Shares of Bluefield Solar Income Fund (LON:BSIF) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 94 ($1.18) and last traded at GBX 94.52 ($1.19), with a volume of 485717 shares changing hands. The stock had previously closed at GBX 94.60 ($1.19).

Bluefield Solar Income Fund Trading Down 0.1 %

The firm has a market cap of £571.56 million, a PE ratio of 315.33 and a beta of 0.14. The company has a 50 day moving average price of GBX 103.84 and a 200 day moving average price of GBX 105.91.

Bluefield Solar Income Fund Announces Dividend

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

Insider Activity

In related news, insider Glen Suarez acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of GBX 98 ($1.23) per share, for a total transaction of £9,800 ($12,319.30). 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.