Bluefield Solar Income Fund (LON:BSIF) Shares Cross Above Fifty Day Moving Average - Here's Why

Key Points

• Bluefield Solar Income Fund's stock price has recently surpassed its 50-day moving average, trading as high as GBX 97.80 ($1.29).
• The company has a market capitalization of £571.05 million and has been listed on the London Stock Exchange since its IPO in July 2013.
• BSIF primarily focuses on acquiring and managing low carbon assets, with an emphasis on solar energy in the UK.

Bluefield Solar Income Fund (LON:BSIF - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 95.73 ($1.27) and traded as high as GBX 97.80 ($1.30). Bluefield Solar Income Fund shares last traded at GBX 97 ($1.29), with a volume of 490,713 shares traded.

Bluefield Solar Income Fund Price Performance

The firm has a market capitalization of £563.91 million, a price-to-earnings ratio of -60.54 and a beta of 0.14. The stock has a 50 day moving average of GBX 95.87 and a 200 day moving average of GBX 91.85.

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).