Bluefield Solar Income Fund (LON:BSIF) Reaches New 1-Year Low – Here’s What Happened

Bluefield Solar Income Fund (LON:BSIF) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 83.30 ($1.03) and last traded at GBX 83.30 ($1.03), with a volume of 3382965 shares. The stock had previously closed at GBX 84.10 ($1.04).

Bluefield Solar Income Fund Stock Performance

The stock has a market cap of £500.71 million, a PE ratio of 276.00 and a beta of 0.14. The company’s 50-day moving average price is GBX 91.38 and its 200 day moving average price is GBX 101.27.

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

Insider Buying and Selling at Bluefield Solar Income Fund

In other news, insider Glen Suarez bought 10,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was bought at an average cost of GBX 98 ($1.22) per share, for a total transaction of £9,800 ($12,170.89). Company 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).