Bluefield Solar Income Fund (LON:BSIF) Share Price Passes Below 50-Day Moving Average - Here's Why

Key Points

• Bluefield Solar Income Fund's stock price fell below its 50-day moving average of GBX 89.16, closing at GBX 84.20 ($1.13) during trading.
• The company operates a diversified portfolio focused on low carbon assets in the UK, primarily solar assets, and was the first investment company of its kind listed on the London Stock Exchange.
• Currently, Bluefield Solar has a market cap of £499.72 million and a notably high price-to-earnings ratio of -4,328.21.

Bluefield Solar Income Fund (LON:BSIF - )'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 89.16 ($1.20) and traded as low as GBX 84 ($1.13). Bluefield Solar Income Fund shares last traded at GBX 84.20 ($1.13), with a volume of 674,644 shares changing hands.

Bluefield Solar Income Fund Stock Up 0.2%

The business has a 50 day moving average price of GBX 89.16 and a 200-day moving average price of GBX 92.52. The firm has a market cap of £499.72 million, a price-to-earnings ratio of -4,328.21 and a beta of 0.14.

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).

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