Gore Street Energy Storage Fund (LON:GSF) Trading Up 2.1% – What’s Next?

Gore Street Energy Storage Fund (LON:GSFGet Free Report)’s share price rose 2.1% on Tuesday . The stock traded as high as GBX 49.19 ($0.61) and last traded at GBX 48.90 ($0.61). Approximately 1,286,945 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 1,577,060 shares. The stock had previously closed at GBX 47.90 ($0.60).

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Gore Street Energy Storage Fund in a report on Tuesday, January 21st.

Check Out Our Latest Stock Report on Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Price Performance

The company has a market capitalization of £246.99 million, a P/E ratio of -4,890.00 and a beta of 0.31. The company has a fifty day simple moving average of GBX 48.65 and a two-hundred day simple moving average of GBX 54.35.

Gore Street Energy Storage Fund (LON:GSFGet Free Report) last issued its quarterly earnings data on Thursday, December 12th. The company reported GBX (3.10) (($0.04)) earnings per share for the quarter. Gore Street Energy Storage Fund had a negative net margin of 249.56% and a negative return on equity of 1.03%. Equities analysts anticipate that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current year.

Gore Street Energy Storage Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 24th were issued a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend was Tuesday, December 24th. Gore Street Energy Storage Fund’s dividend payout ratio is currently -80,000.00%.

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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