Shore Capital reissued their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF - Free Report) in a research note released on Thursday morning,London Stock Exchange reports.
Gore Street Energy Storage Fund Stock Down 3.8 %
LON:GSF traded down GBX 2.30 ($0.03) during mid-day trading on Thursday, hitting GBX 57.90 ($0.77). 929,469 shares of the stock traded hands, compared to its average volume of 1,635,025. Gore Street Energy Storage Fund has a 12-month low of GBX 42.40 ($0.57) and a 12-month high of GBX 70.60 ($0.94). The company has a market cap of £298.43 million, a PE ratio of -50.04 and a beta of 0.31. The business's 50-day moving average price is GBX 51.98 and its 200 day moving average price is GBX 51.59.
Gore Street Energy Storage Fund Announces Dividend
The firm also recently disclosed a dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 20th were issued a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 1.92%. The ex-dividend date was Thursday, March 20th. Gore Street Energy Storage Fund's payout ratio is -691.37%.
Insider Transactions at Gore Street Energy Storage Fund
In other Gore Street Energy Storage Fund news, insider Malcolm Robert King purchased 30,000 shares of the firm's stock in a transaction on Monday, April 14th. The shares were purchased at an average cost of GBX 58 ($0.78) per share, with a total value of £17,400 ($23,283.82). Insiders own 5.34% of the company's stock.
About Gore Street Energy Storage Fund
(
Get Free Report)
About Us: Gore Street Energy Storage Fund plc is London's first listed energy storage fund, launched in 2018. The Company is the only UK-listed energy storage fund with a diversified portfolio across five grid networks. The Company is one of the principal owners and operators of battery storage facilities in Great Britain and Ireland and owns and operates facilities in Western Mainland Europe and the US.
Further Reading
Before you consider Gore Street Energy Storage Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gore Street Energy Storage Fund wasn't on the list.
While Gore Street Energy Storage Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
