Bluefield Solar Income Fund (LON:BSIF) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Bluefield Solar Income Fund (LON:BSIF)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 86.89 ($1.12) and traded as high as GBX 89.70 ($1.16). Bluefield Solar Income Fund shares last traded at GBX 89.10 ($1.15), with a volume of 372,368 shares trading hands.

Bluefield Solar Income Fund Stock Performance

The stock has a market cap of £534.76 million, a PE ratio of -57.41 and a beta of 0.14. The company has a 50 day moving average of GBX 86.89 and a two-hundred day moving average of GBX 97.40.

Bluefield Solar Income Fund (LON:BSIF) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 6.83 ($0.09) EPS for the quarter. Bluefield Solar Income Fund had a negative return on equity of 1.19% and a net margin of 129.55%. As a group, equities research analysts anticipate that Bluefield Solar Income Fund will post 302.1632747 EPS for the current year.

Bluefield Solar Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be issued a GBX 2.20 ($0.03) dividend. This represents a yield of 2.68%. The ex-dividend date of this dividend is Thursday, February 6th. Bluefield Solar Income Fund’s payout ratio is presently -574.78%.

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).