Gore Street Energy Storage Fund (LON:GSF) Stock Price Down 0.2% - Should You Sell?

Shares of Gore Street Energy Storage Fund (LON:GSF - Get Free Report) fell 0.2% during mid-day trading on Wednesday . The stock traded as low as GBX 52.50 ($0.67) and last traded at GBX 52.80 ($0.67). 1,108,157 shares were traded during trading, a decline of 15% from the average session volume of 1,298,433 shares. The stock had previously closed at GBX 52.90 ($0.68).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Gore Street Energy Storage Fund in a research note on Wednesday, September 11th.

Gore Street Energy Storage Fund Trading Down 1.5 %

The stock has a fifty day moving average of GBX 54.85 and a two-hundred day moving average of GBX 59.93. The stock has a market capitalization of £262.65 million, a price-to-earnings ratio of -5,200.00 and a beta of 0.31.

Gore Street Energy Storage Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 26th were paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.72%. The ex-dividend date was Thursday, September 26th. Gore Street Energy Storage Fund's dividend payout ratio is presently -80,000.00%.

About Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Plc is an infrastructure investment fund.