Bluefield Solar Income Fund (LON:BSIF) Sets New 52-Week Low - Here's What Happened

Bluefield Solar Income Fund (LON:BSIF - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 91.40 ($1.14) and last traded at GBX 91.60 ($1.14), with a volume of 616365 shares. The stock had previously closed at GBX 93 ($1.16).

Bluefield Solar Income Fund Trading Down 2.3 %

The firm has a market cap of £549.69 million, a price-to-earnings ratio of 303.00 and a beta of 0.14. The stock has a 50-day moving average of GBX 96.78 and a 200-day moving average of GBX 103.65.

Insider Activity

In other Bluefield Solar Income Fund news, insider Glen Suarez purchased 10,000 shares of the firm's stock in a transaction dated Thursday, November 14th. The stock was bought at an average price of GBX 98 ($1.22) per share, with a total value of £9,800 ($12,225.55). Corporate insiders own 5.42% of the company's stock.

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).