Bluefield Solar Income Fund (LON:BSIF) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Bluefield Solar Income Fund (LON:BSIF)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 93.38 ($1.15) and traded as low as GBX 86 ($1.06). Bluefield Solar Income Fund shares last traded at GBX 86.50 ($1.06), with a volume of 999,119 shares.

Bluefield Solar Income Fund Price Performance

The company has a market capitalization of £520.06 million, a P/E ratio of 286.67 and a beta of 0.14. The company has a fifty day moving average price of GBX 93.12 and a 200 day moving average price of GBX 102.26.

Bluefield Solar Income Fund (LON:BSIF) last issued its quarterly earnings results on Wednesday, November 20th. The company reported GBX 10.57 ($0.13) EPS for the quarter. Bluefield Solar Income Fund had a net margin of 85.88% and a return on equity of 1.54%. On average, equities research analysts predict that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current fiscal year.

Insider Activity

In other Bluefield Solar Income Fund news, insider Glen Suarez purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average price of GBX 98 ($1.21) per share, with a total value of £9,800 ($12,064.51). 5.42% of the stock is owned by insiders.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund’s initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE).