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

Gore Street Energy Storage Fund logo with Financial Services background

Shares of Gore Street Energy Storage Fund (LON:GSF - Get Free Report) shot up 0.2% during trading on Monday . The company traded as high as GBX 63.50 ($0.86) and last traded at GBX 63.30 ($0.86). 1,491,965 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 1,609,037 shares. The stock had previously closed at GBX 63.20 ($0.86).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Gore Street Energy Storage Fund in a research note on Thursday, April 17th.

Get Our Latest Report on Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Stock Up 0.2%

The firm has a market capitalization of £326.26 million, a P/E ratio of -54.70 and a beta of 0.31. The business's 50-day simple moving average is GBX 61.40 and its 200 day simple moving average is GBX 53.77.

Insider Activity at Gore Street Energy Storage Fund

In related news, insider Malcolm Robert King purchased 30,000 shares of the firm's stock in a transaction on Monday, April 14th. The shares were acquired at an average cost of GBX 58 ($0.79) per share, with a total value of £17,400 ($23,558.08). 5.34% of the stock is owned by insiders.

About Gore Street Energy Storage Fund

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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