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

Bluefield Solar Income Fund (LON:BSIF)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 91.40 ($1.15) and last traded at GBX 92.27 ($1.16), with a volume of 5914138 shares traded. The stock had previously closed at GBX 92.70 ($1.17).

Bluefield Solar Income Fund Stock Performance

The company has a 50-day moving average of GBX 99.44 and a 200 day moving average of GBX 104.57. The firm has a market cap of £557.94 million, a P/E ratio of 307.55 and a beta of 0.14.

Bluefield Solar Income Fund Announces Dividend

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

Insider Transactions at Bluefield Solar Income Fund

In other Bluefield Solar Income Fund news, insider Glen Suarez purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of GBX 98 ($1.23) per share, with a total value of £9,800 ($12,317.75). 5.42% of the stock is owned by insiders.

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.