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Bluefield Solar Income Fund (LON:BSIF) Stock Crosses Above Fifty Day Moving Average - Here's Why

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Bluefield Solar Income Fund (LON:BSIF - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 Stock Performance

The firm has a market cap of £515.73 million, a PE ratio of -55.37 and a beta of 0.14. The stock has a 50 day simple moving average of GBX 87.56 and a two-hundred day simple moving average of GBX 98.31.

Bluefield Solar Income Fund Announces Dividend

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

About Bluefield Solar Income Fund

(Get Free Report)

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).

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