Bluefield Solar Income Fund (LON:BSIF) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Bluefield Solar Income Fund (LON:BSIF)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 87.03 ($1.13) and traded as high as GBX 89.30 ($1.15). Bluefield Solar Income Fund shares last traded at GBX 88.31 ($1.14), with a volume of 2,852,295 shares.

Bluefield Solar Income Fund Stock Up 0.6 %

The company has a market capitalization of £525.30 million, a PE ratio of -56.40 and a beta of 0.14. The firm has a 50-day moving average of GBX 87.03 and a two-hundred day moving average of GBX 94.85.

Bluefield Solar Income Fund (LON:BSIF) last posted its earnings results on Thursday, February 27th. The company reported GBX 6.83 ($0.09) earnings per share (EPS) for the quarter. Bluefield Solar Income Fund had a net margin of 129.55% and a negative return on equity of 1.19%. Equities analysts predict that Bluefield Solar Income Fund will post 302.1632747 EPS for the current fiscal year.

Bluefield Solar Income Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were given a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 2.68%. The ex-dividend date of this dividend was Thursday, February 6th. Bluefield Solar Income Fund’s dividend payout ratio is presently -574.78%.

About Bluefield Solar Income Fund

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).