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

Bluefield Solar Income Fund (LON:BSIF)’s share price reached a new 52-week low during trading 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 Price Performance

The company has a market cap of £532.76 million, a PE ratio of 293.67 and a beta of 0.14. The business has a 50-day moving average of GBX 96.13 and a 200 day moving average of GBX 103.45.

Insider Activity at Bluefield Solar Income Fund

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

About Bluefield Solar Income Fund

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).