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US Solar Fund (LON:USF) Shares Down 3% - Time to Sell?

US Solar Fund logo with Financial Services background

Key Points

  • The shares of US Solar Fund (LON:USF) fell by 3% during trading, closing at GBX 0.38 ($0.01) with a significant drop in trading volume.
  • The fund has a market capitalization of £117.59 million and is focused on providing dividends through investments in a diversified portfolio of utility-scale solar power plants.
  • US Solar Fund currently shows a P/E ratio of -2.95, indicating losses relative to earnings, which could be a concern for potential investors.
  • Want stock alerts on US Solar Fund? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

US Solar Fund (LON:USF - Get Free Report)'s share price dropped 3% during trading on Friday . The stock traded as low as GBX 0.38 ($0.01) and last traded at GBX 0.38 ($0.01). Approximately 9,696 shares traded hands during trading, a decline of 99% from the average daily volume of 808,830 shares. The stock had previously closed at GBX 0.39 ($0.01).

US Solar Fund Price Performance

The stock's fifty day moving average is GBX 0.39 and its 200-day moving average is GBX 0.38. The stock has a market capitalization of £117.59 million and a P/E ratio of -2.95.

About US Solar Fund

(Get Free Report)

US Solar Fund (USF) is a renewable energy fund that aims to provide investors with attractive, sustainable dividends along with an element of capital growth through its investment in a diversified portfolio of utility-scale solar power plants across North America and other OECD countries in the Americas.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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