Bluefield Solar Income Fund (LON:BSIF) Sets New 52-Week Low – Here’s Why

Bluefield Solar Income Fund (LON:BSIF)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 84.20 ($1.04) and last traded at GBX 84.40 ($1.04), with a volume of 1198274 shares changing hands. The stock had previously closed at GBX 86 ($1.06).

Bluefield Solar Income Fund Trading Down 1.9 %

The firm has a market cap of £510.38 million, a P/E ratio of 281.33 and a beta of 0.14. The company’s fifty day moving average price is GBX 92.88 and its two-hundred day moving average price is GBX 102.13.

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

Insider Activity at Bluefield Solar Income Fund

In related news, insider Glen Suarez acquired 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, for a total transaction of £9,800 ($12,064.51). Insiders own 5.42% of the company’s stock.

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).