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

Bluefield Solar Income Fund (LON:BSIF - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 93.38 ($1.15) and traded as low as GBX 86 ($1.06). Bluefield Solar Income Fund shares last traded at GBX 86.50 ($1.07), with a volume of 999,119 shares trading hands.

Bluefield Solar Income Fund Stock Up 0.7 %

The business's fifty day moving average is GBX 93.38 and its 200 day moving average is GBX 102.37. The stock has a market cap of £526.71 million, a PE ratio of 290.33 and a beta of 0.14.

Insider Activity

In other Bluefield Solar Income Fund news, insider Glen Suarez acquired 10,000 shares of the firm's stock in a transaction that occurred on Thursday, November 14th. The shares were acquired at an average cost of GBX 98 ($1.21) per share, for a total transaction of £9,800 ($12,083.85). Insiders own 5.42% of the company's stock.

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).