Bluefield Solar Income Fund (LON:BSIF) Hits New 12-Month Low - Time to Sell?

Key Points

• Bluefield Solar Income Fund (LON:BSIF) shares hit a new 52-week low at GBX 74.39 during trading, closing at GBX 75.50.
• The firm's market capitalization stands at £447.02 million with a price-to-earnings ratio of -38.72.
• In its recent earnings report, Bluefield Solar Income Fund posted a GBX 10.40 EPS, but reported a negative return on equity of 1.19%.

Bluefield Solar Income Fund (LON:BSIF - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 74.39 ($1.00) and last traded at GBX 75.50 ($1.01), with a volume of 8364121 shares traded. The stock had previously closed at GBX 83.30 ($1.12).

Bluefield Solar Income Fund Price Performance

The firm has a market capitalization of £447.02 million, a price-to-earnings ratio of -38.72 and a beta of 0.14. The business has a fifty day moving average price of GBX 87.29 and a two-hundred day moving average price of GBX 92.26.

Bluefield Solar Income Fund (LON:BSIF - Get Free Report) last issued its earnings results on Tuesday, October 21st. The company reported GBX 10.40 EPS for the quarter. Bluefield Solar Income Fund had a negative return on equity of 1.19% and a net margin of 129.55%. On average, research analysts predict that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current year.

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).

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