Bluefield Solar Income Fund (LON:BSIF) Stock Price Passes Above 50 Day Moving Average of $102.01

Bluefield Solar Income Fund (LON:BSIF - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 102.01 ($1.28) and traded as high as GBX 107.60 ($1.35). Bluefield Solar Income Fund shares last traded at GBX 106.60 ($1.34), with a volume of 2,004,549 shares changing hands.

Bluefield Solar Income Fund Stock Performance

The stock has a 50 day simple moving average of GBX 102.14 and a 200-day simple moving average of GBX 109.02. The firm has a market capitalization of £646.23 million, a P/E ratio of 355.33 and a beta of 0.16.

Insider Activity at Bluefield Solar Income Fund

In related news, insider Christopher Waldron acquired 15,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average cost of GBX 104 ($1.31) per share, with a total value of £15,600 ($19,597.99). In other Bluefield Solar Income Fund news, insider Michael Gibbons purchased 10,000 shares of the firm's stock in a transaction on Monday, March 25th. The shares were acquired at an average cost of GBX 99 ($1.24) per share, with a total value of £9,900 ($12,437.19). Also, insider Christopher Waldron acquired 15,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average price of GBX 104 ($1.31) per share, for a total transaction of £15,600 ($19,597.99). Over the last three months, insiders have purchased 45,000 shares of company stock worth $4,580,000. Corporate insiders own 5.48% of the company's stock.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.