Gresham House Energy Storage (LON:GRID - Get Free Report)'s stock price was down 1.4% during mid-day trading on Monday . The company traded as low as GBX 55.30 ($0.72) and last traded at GBX 58.68 ($0.77). Approximately 706,059 shares were traded during trading, a decline of 48% from the average daily volume of 1,358,035 shares. The stock had previously closed at GBX 59.50 ($0.78).
Gresham House Energy Storage Stock Up 2.2 %
The company's 50-day moving average price is GBX 52.09 and its 200-day moving average price is GBX 49.25. The firm has a market cap of £346.30 million, a price-to-earnings ratio of -1.76 and a beta of 0.26.
About Gresham House Energy Storage
(
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Gresham House Energy Storage Fund plc (GRID or the Fund) seeks to capitalise on the growing intraday supply and demand imbalances caused by Great Britain's ever increasing reliance on renewable energy. The Fund aims to provide investors with an attractive and sustainable dividend by investing in a portfolio of utility-scale Battery Energy Storage Systems (BESS) located in Great Britain, which primarily use batteries to import and export power, accessing multiple revenue sources available in the power market.
Gresham House Asset Management Limited (GHAM), is the investment Manager for Gresham House Energy Storage Fund plc.
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