Bluefield Solar Income Fund (LON:BSIF) Hits New 1-Year Low – Should You Sell?

Bluefield Solar Income Fund (LON:BSIF) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 84.20 ($1.05) and last traded at GBX 84.40 ($1.05), with a volume of 1198274 shares traded. The stock had previously closed at GBX 86 ($1.07).

Bluefield Solar Income Fund Price Performance

The company has a market cap of £517.04 million, a PE ratio of 285.00 and a beta of 0.14. The company has a fifty day moving average price of GBX 92.41 and a 200 day moving average price of GBX 101.84.

Bluefield Solar Income Fund (LON:BSIF) last issued its quarterly earnings data on Wednesday, November 20th. The company reported GBX 10.57 ($0.13) EPS for the quarter. Bluefield Solar Income Fund had a return on equity of 1.54% and a net margin of 85.88%. As a group, sell-side analysts predict that Bluefield Solar Income Fund will post 302.1632747 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Glen Suarez acquired 10,000 shares of the stock in a transaction on Thursday, November 14th. The stock was purchased at an average price of GBX 98 ($1.22) per share, for a total transaction of £9,800 ($12,236.23). 5.42% of the stock is currently owned by corporate insiders.

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).