Bluefield Solar Income Fund (LON:BSIF) Sets New 1-Year Low – Here’s Why

Bluefield Solar Income Fund (LON:BSIFGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 91.40 ($1.13) and last traded at GBX 91.60 ($1.13), with a volume of 616365 shares changing hands. The stock had previously closed at GBX 93 ($1.15).

Bluefield Solar Income Fund Trading Down 1.6 %

The company has a market capitalization of £532.76 million, a PE ratio of 293.67 and a beta of 0.14. The stock has a fifty day moving average of GBX 96.13 and a two-hundred day moving average of GBX 103.45.

Insider Activity at Bluefield Solar Income Fund

In related news, insider Glen Suarez bought 10,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were acquired at an average cost of GBX 98 ($1.21) per share, with a total value of £9,800 ($12,113.72). 5.42% of the stock is currently owned by corporate insiders.

About Bluefield Solar Income Fund

(Get Free Report)

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).

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