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

Bluefield Solar Income Fund (LON:BSIF)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 71.36 and traded as high as GBX 77.40. Bluefield Solar Income Fund shares last traded at GBX 77, with a volume of 1,472,577 shares traded.

Bluefield Solar Income Fund Price Performance

The stock has a market capitalization of £460.64 million, a P/E ratio of -16.24 and a beta of 0.14. The company has a 50 day simple moving average of GBX 71.55 and a 200-day simple moving average of GBX 77.41.

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). The investment objective of the fund is to deliver long term, attractive yield via the payment of quarterly dividends.

The fund primarily targets utility scale solar assets and portfolios on greenfield, industrial and/or commercial sites.