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Gore Street Energy Storage Fund's (GSF) House Stock Rating Reaffirmed at Shore Capital

Gore Street Energy Storage Fund logo with Financial Services background

Shore Capital reissued their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF - Free Report) in a research note issued to investors on Wednesday, Marketbeat reports.

Gore Street Energy Storage Fund Price Performance

Shares of LON GSF traded up GBX 0.90 ($0.01) during midday trading on Wednesday, reaching GBX 55.30 ($0.71). 1,323,340 shares of the company traded hands, compared to its average volume of 1,494,295. The company has a market cap of £285.03 million, a price-to-earnings ratio of -47.79 and a beta of 0.31. The stock has a 50-day moving average price of GBX 48.05 and a 200 day moving average price of GBX 51.98. Gore Street Energy Storage Fund has a 52 week low of GBX 42.40 ($0.55) and a 52 week high of GBX 70.60 ($0.91).

Gore Street Energy Storage Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.92%. The ex-dividend date is Thursday, March 20th. Gore Street Energy Storage Fund's dividend payout ratio is currently -691.37%.

Gore Street Energy Storage Fund Company Profile

(Get Free Report)

Launched in 2018, Gore Street Energy Storage Fund plc is London's first listed energy storage fund. The Company is the only UK-listed energy storage fund with a diversified operational portfolio located across four grids. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.

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