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
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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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