Bluefield Solar Income Fund (LON:BSIF) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Bluefield Solar Income Fund (LON:BSIF)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 87.72 ($1.11) and traded as high as GBX 88.40 ($1.12). Bluefield Solar Income Fund shares last traded at GBX 86 ($1.09), with a volume of 849,333 shares.

Bluefield Solar Income Fund Stock Down 0.7 %

The firm’s 50-day moving average price is GBX 87.72 and its 200 day moving average price is GBX 98.57. The firm has a market cap of £511.56 million, a P/E ratio of -54.92 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF) last released its quarterly 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 129.55% and a negative return on equity of 1.19%. On average, equities analysts predict that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current year.

Bluefield Solar Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be given a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 2.68%. Bluefield Solar Income Fund’s dividend payout ratio is currently -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).