Bluefield Solar Income Fund (LON:BSIF) Stock Price Crosses Above 50-Day Moving Average of $132.97

Shares of Bluefield Solar Income Fund Limited (LON:BSIFGet Rating) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 132.97 ($1.57) and traded as high as GBX 140 ($1.66). Bluefield Solar Income Fund shares last traded at GBX 138 ($1.63), with a volume of 1,981,174 shares changing hands.

Bluefield Solar Income Fund Price Performance

The firm has a market cap of £840.47 million and a price-to-earnings ratio of 394.29. The firm’s fifty day moving average is GBX 132.97 and its 200-day moving average is GBX 133.55.

Bluefield Solar Income Fund Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 4th. Investors of record on Thursday, October 13th were issued a GBX 2.09 ($0.02) dividend. This is a positive change from Bluefield Solar Income Fund’s previous dividend of $2.05. The ex-dividend date was Thursday, October 13th. This represents a yield of 1.63%. Bluefield Solar Income Fund’s payout ratio is presently 23.03%.

Insider Activity at Bluefield Solar Income Fund

In related news, insider John Rennocks acquired 30,000 shares of the company’s stock in a transaction dated Thursday, October 6th. The shares were purchased at an average price of GBX 131 ($1.55) per share, for a total transaction of £39,300 ($46,470.38). In related news, insider John Rennocks acquired 30,000 shares of the company’s stock in a transaction dated Thursday, October 6th. The shares were purchased at an average price of GBX 131 ($1.55) per share, for a total transaction of £39,300 ($46,470.38). Also, insider John Scott acquired 20,325 shares of the company’s stock in a transaction dated Friday, October 14th. The shares were bought at an average price of GBX 123 ($1.45) per share, for a total transaction of £24,999.75 ($29,561.01). Insiders have bought a total of 62,307 shares of company stock worth $7,927,725 over the last quarter.

Bluefield Solar Income Fund Company Profile

(Get Rating)

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.

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