Gore Street Energy Storage Fund (LON:GSF) Shares Down 0.2% - Here's Why

Key Points

• Gore Street Energy Storage Fund shares were down 0.2% mid-day, last trading at GBX 52.30 after a low of GBX 52, with volume ~789,058 shares (down 37% vs. the 1.24M daily average) and trading below its 50‑day (GBX 53.22) and 200‑day (GBX 56.25) moving averages.
• Insider Norman Crighton bought 50,000 shares at GBX 54 on March 23 (≈£27,000), while total insider ownership remains low at 0.14%.
• The company, London’s first listed energy storage fund, has a market cap of £264.17 million and a negative P/E of -8.24, operating a diversified portfolio of battery storage assets across Great Britain, Ireland, Western Mainland Europe and the US.

Gore Street Energy Storage Fund (LON:GSF - )'s share price was down 0.2% during mid-day trading on Tuesday . The stock traded as low as GBX 52 and last traded at GBX 52.30. Approximately 789,058 shares traded hands during trading, a decline of 37% from the average daily volume of 1,243,255 shares. The stock had previously closed at GBX 52.40.

Gore Street Energy Storage Fund Price Performance

The stock has a market cap of £264.17 million, a P/E ratio of -8.24 and a beta of 0.45. The firm's 50-day moving average price is GBX 53.22 and its 200-day moving average price is GBX 56.25.

Insider Activity

In related news, insider Norman Crighton acquired 50,000 shares of Gore Street Energy Storage Fund stock in a transaction dated Monday, March 23rd. The shares were purchased at an average price of GBX 54 per share, for a total transaction of £27,000. 0.14% of the stock is currently owned by insiders.

About Gore Street Energy Storage Fund

About Us: Gore Street Energy Storage Fund plc is London's first listed energy storage fund, launched in 2018. The Company is the only UK-listed energy storage fund with a diversified portfolio across five grid networks. The Company is one of the principal owners and operators of battery storage facilities in Great Britain and Ireland and owns and operates facilities in Western Mainland Europe and the US. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index. Energy storage technologies enhance power system stability and flexibility and are key tools for balancing out variability in renewable energy generation, facilitating the integration of more renewable energy supply into power grids.

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