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Andy Koss Purchases 29,503 Shares of Gresham House Energy Storage (LON:GRID) Stock

Gresham House Energy Storage logo with Financial Services background

Key Points

  • Andy Koss, an insider at Gresham House Energy Storage, purchased 29,503 shares at an average price of GBX 67, totaling £19,767.01.
  • The stock remained flat at GBX 68 during trading, with a market capitalization of £386.96 million and a price-to-earnings ratio of -334.65.
  • Royal Bank Of Canada has raised its price target for the stock from GBX 7,000 to GBX 7,500 while maintaining a "sector perform" rating.
  • Interested in Gresham House Energy Storage? Here are five stocks we like better.

Gresham House Energy Storage (LON:GRID - Get Free Report) insider Andy Koss purchased 29,503 shares of Gresham House Energy Storage stock in a transaction on Wednesday, October 1st. The stock was bought at an average price of GBX 67 per share, with a total value of £19,767.01.

Gresham House Energy Storage Stock Performance

LON:GRID remained flat at GBX 68 during trading hours on Wednesday. 495,541 shares of the company's stock were exchanged, compared to its average volume of 1,047,899. The company has a market capitalization of £386.96 million, a price-to-earnings ratio of -334.65 and a beta of 0.26. The stock has a fifty day moving average price of GBX 74.99 and a 200-day moving average price of GBX 70.86. Gresham House Energy Storage has a 1-year low of GBX 40.70 and a 1-year high of GBX 82.

Gresham House Energy Storage (LON:GRID - Get Free Report) last released its quarterly earnings data on Wednesday, September 24th. The company reported GBX (0.54) earnings per share for the quarter. Gresham House Energy Storage had a net margin of 105.20% and a negative return on equity of 28.90%. As a group, equities analysts predict that Gresham House Energy Storage will post 9.5149254 EPS for the current year.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised their price objective on shares of Gresham House Energy Storage from GBX 7,000 to GBX 7,500 and gave the company a "sector perform" rating in a research note on Tuesday, August 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of GBX 7,500.

Read Our Latest Research Report on GRID

Gresham House Energy Storage Company Profile

(Get Free Report)

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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