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

Shares of Bluefield Solar Income Fund (LON:BSIF) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 95 ($1.19) and last traded at GBX 95 ($1.19), with a volume of 1085145 shares trading hands. The stock had previously closed at GBX 97.10 ($1.22).

Bluefield Solar Income Fund Stock Down 0.9 %

The stock has a market capitalization of £570.86 million, a P/E ratio of 314.67 and a beta of 0.14. The business has a 50-day simple moving average of GBX 104.04 and a two-hundred day simple moving average of GBX 105.98.

Bluefield Solar Income Fund Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 10th were issued a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 2%. The ex-dividend date was Thursday, October 10th. Bluefield Solar Income Fund’s dividend payout ratio is currently 3,000.00%.

Insider Buying and Selling at Bluefield Solar Income Fund

In other Bluefield Solar Income Fund news, insider Glen Suarez purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average cost of GBX 98 ($1.23) per share, with a total value of £9,800 ($12,285.32). Company insiders own 5.42% of the company’s stock.

About Bluefield Solar Income Fund

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.