Bluefield Solar Income Fund (LON:BSIF) Stock Price Passes Above Fifty Day Moving Average of $107.17

Bluefield Solar Income Fund (LON:BSIF)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 107.17 ($1.37) and traded as high as GBX 109.20 ($1.40). Bluefield Solar Income Fund shares last traded at GBX 109 ($1.39), with a volume of 448,741 shares.

Bluefield Solar Income Fund Trading Up 0.4 %

The firm’s 50 day simple moving average is GBX 107.24 and its two-hundred day simple moving average is GBX 105.01. The firm has a market cap of £661.56 million, a price-to-earnings ratio of 364.67 and a beta of 0.14.

Bluefield Solar Income Fund Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, June 24th. Shareholders of record on Thursday, May 23rd were issued a GBX 2.20 ($0.03) dividend. This represents a yield of 2.06%. The ex-dividend date was Thursday, May 23rd. Bluefield Solar Income Fund’s dividend payout ratio is currently 3,000.00%.

Insider Buying and Selling at Bluefield Solar Income Fund

In other news, insider Meriel Lenfestey bought 12,307 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were purchased at an average cost of GBX 107 ($1.37) per share, with a total value of £13,168.49 ($16,828.74). Insiders own 5.42% of the company’s stock.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.