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 stock traded as low as GBX 83.30 ($1.03) and last traded at GBX 83.30 ($1.03), with a volume of 3382965 shares changing hands. The stock had previously closed at GBX 84.10 ($1.04).

Bluefield Solar Income Fund Trading Down 0.7 %

The stock has a market cap of £500.71 million, a price-to-earnings ratio of 276.00 and a beta of 0.14. The firm’s 50-day moving average is GBX 91.38 and its two-hundred day moving average is GBX 101.27.

Bluefield Solar Income Fund (LON:BSIF) last announced 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%. On average, analysts predict that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current year.

Insider Transactions at Bluefield Solar Income Fund

In related news, insider Glen Suarez purchased 10,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The stock was acquired at an average cost of GBX 98 ($1.22) per share, for a total transaction of £9,800 ($12,170.89). 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).