Bluefield Solar Income Fund (LON:BSIF) Sets New 1-Year Low – Time to Sell?

Posted by Amy Steele on Jan 23rd, 2025

Bluefield Solar Income Fund (LON:BSIF – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 84.20 ($1.04) and last traded at GBX 84.40 ($1.04), with a volume of 1198274 shares traded. The stock had previously closed at GBX 86 ($1.06).

Bluefield Solar Income Fund Price Performance

The firm has a fifty day simple moving average of GBX 92.88 and a 200 day simple moving average of GBX 102.13. The company has a market cap of £510.38 million, a price-to-earnings ratio of 281.33 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF – Get Free Report) last announced its earnings results 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%. Analysts expect that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current year.

Insider Activity at Bluefield Solar Income Fund

In related news, insider Glen Suarez purchased 10,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were bought at an average cost of GBX 98 ($1.21) per share, for a total transaction of £9,800 ($12,064.51). 5.42% of the stock is 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).