Bluefield Solar Income Fund (LON:BSIF) Share Price Passes Below Fifty Day Moving Average - Time to Sell?

Key Points

• Bluefield Solar Income Fund's share price recently fell below its 50-day moving average of GBX 87.29, trading at GBX 83.30 ($1.12).
• The company has a market capitalization of £478.07 million and a PE ratio of -41.41, indicating challenging profitability metrics.
• Bluefield Solar Income Fund is focused on managing a portfolio of low carbon assets in the UK, primarily solar energy projects.

Bluefield Solar Income Fund (LON:BSIF - )'s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 87.29 ($1.17) and traded as low as GBX 83.07 ($1.11). Bluefield Solar Income Fund shares last traded at GBX 83.30 ($1.12), with a volume of 1,145,043 shares changing hands.

Bluefield Solar Income Fund Trading Down 3.1%

The business has a fifty day moving average of GBX 87.29 and a 200 day moving average of GBX 92.26. The company has a market capitalization of £478.07 million, a PE ratio of -41.41 and a beta of 0.14.

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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