Bluefield Solar Income Fund (LON:BSIF) Stock Passes Above 50 Day Moving Average – Should You Sell?

Bluefield Solar Income Fund (LON:BSIF) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 92.53 ($1.23) and traded as high as GBX 92.70 ($1.23). Bluefield Solar Income Fund shares last traded at GBX 91.40 ($1.22), with a volume of 666,626 shares traded.

Bluefield Solar Income Fund Trading Up 0.4%

The company has a fifty day moving average of GBX 92.53 and a two-hundred day moving average of GBX 91.93. The stock has a market capitalization of £546.05 million, a price-to-earnings ratio of -58.63 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF) last posted its earnings results on Thursday, February 27th. The company reported GBX 6.83 ($0.09) earnings per share 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, sell-side analysts predict that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current fiscal year.

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).