Bluefield Solar Income Fund (LON:BSIF) Hits New 52-Week Low – Should You Sell?

Posted by Stephan Jacobs on Feb 6th, 2025

Bluefield Solar Income Fund (LON:BSIF – Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 80.50 ($1.01) and last traded at GBX 81.48 ($1.02), with a volume of 4121950 shares. The stock had previously closed at GBX 81.60 ($1.02).

Bluefield Solar Income Fund Trading Down 0.1 %

The business has a 50-day moving average of GBX 90.32 and a 200 day moving average of GBX 100.47. The firm has a market capitalization of £492.73 million, a PE ratio of 271.60 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF – Get Free Report) last posted its quarterly earnings data on Wednesday, November 20th. The company reported GBX 10.57 ($0.13) EPS for the quarter. Bluefield Solar Income Fund had a net margin of 85.88% and a return on equity of 1.54%. On average, sell-side analysts expect that Bluefield Solar Income Fund will post 302.1632747 EPS for the current fiscal year.

Bluefield Solar Income Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be given a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.68%. 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 Glen Suarez bought 10,000 shares of the firm’s stock in a transaction 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 ($12,251.53). Corporate insiders own 5.42% of the company’s stock.

Bluefield Solar Income Fund Company Profile

(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).