Bluefield Solar Income Fund (LON:BSIF) Share Price Crosses Above 50-Day Moving Average of $102.01

Shares of Bluefield Solar Income Fund (LON:BSIF) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 102.01 ($1.28) and traded as high as GBX 107.60 ($1.35). Bluefield Solar Income Fund shares last traded at GBX 106.60 ($1.34), with a volume of 2,004,549 shares trading hands.

Bluefield Solar Income Fund Stock Down 0.3 %

The company has a market capitalization of £644.53 million, a price-to-earnings ratio of 354.40 and a beta of 0.16. The company has a 50-day moving average price of GBX 102.10 and a 200-day moving average price of GBX 109.04.

Insider Activity at Bluefield Solar Income Fund

In related news, insider Christopher Waldron acquired 15,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average price of GBX 104 ($1.31) per share, for a total transaction of £15,600 ($19,597.99). In other news, insider Michael Gibbons bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The shares were acquired at an average cost of GBX 99 ($1.24) per share, with a total value of £9,900 ($12,437.19). Also, insider Christopher Waldron purchased 15,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of GBX 104 ($1.31) per share, for a total transaction of £15,600 ($19,597.99). Insiders acquired a total of 45,000 shares of company stock worth $4,580,000 in the last 90 days. 5.48% of the stock is owned by company insiders.

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.