Bluefield Solar Income Fund (LON:BSIF) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Bluefield Solar Income Fund (LON:BSIF) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 87.72 ($1.11) and traded as high as GBX 88.40 ($1.12). Bluefield Solar Income Fund shares last traded at GBX 86 ($1.09), with a volume of 849,333 shares trading hands.

Bluefield Solar Income Fund Price Performance

The stock has a market capitalization of £511.56 million, a price-to-earnings ratio of -54.92 and a beta of 0.14. The firm’s fifty day moving average is GBX 87.72 and its 200-day moving average is GBX 98.57.

Bluefield Solar Income Fund (LON:BSIF) last posted its quarterly earnings results on Wednesday, November 20th. The company reported GBX 10.57 ($0.13) earnings per share (EPS) for the quarter. Bluefield Solar Income Fund had a net margin of 129.55% and a negative return on equity of 1.19%. On average, sell-side analysts expect that Bluefield Solar Income Fund will post 302.1632747 EPS for the current year.

Bluefield Solar Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be paid a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.68%. Bluefield Solar Income Fund’s payout ratio is -574.78%.

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).