Bluefield Solar Income Fund (LON:BSIF) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Shares of Bluefield Solar Income Fund (LON:BSIF - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 87.03 ($1.12) and traded as high as GBX 89.30 ($1.15). Bluefield Solar Income Fund shares last traded at GBX 88.31 ($1.14), with a volume of 2,852,295 shares traded.

Bluefield Solar Income Fund Trading Down 0.5 %

The firm's fifty day simple moving average is GBX 87.22 and its two-hundred day simple moving average is GBX 94.50. The company has a market capitalization of £524.65 million, a price-to-earnings ratio of -56.33 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 6.83 ($0.09) EPS for the quarter. Bluefield Solar Income Fund had a negative return on equity of 1.19% and a net margin of 129.55%. As a group, analysts forecast that Bluefield Solar Income Fund will post 302.1632747 EPS for the current fiscal year.

Bluefield Solar Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, February 6th. Bluefield Solar Income Fund's payout ratio is -574.78%.

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).