Bluefield Solar Income Fund (LON:BSIF) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Bluefield Solar Income Fund (LON:BSIF) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 106.91 ($1.39) and traded as high as GBX 107.80 ($1.40). Bluefield Solar Income Fund shares last traded at GBX 106.20 ($1.38), with a volume of 641,321 shares trading hands.

Bluefield Solar Income Fund Trading Up 1.3 %

The company has a market cap of £650.68 million, a P/E ratio of 354.00 and a beta of 0.14. The company has a 50 day moving average price of GBX 106.91 and a 200-day moving average price of GBX 105.99.

Bluefield Solar Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 2%. The ex-dividend date is Thursday, October 10th. Bluefield Solar Income Fund’s payout ratio is 3,000.00%.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.