Gore Street Energy Storage Fund (LON:GSF - Get Free Report) shares were up 0.8% on Wednesday . The stock traded as high as GBX 52.30 ($0.71) and last traded at GBX 52.20 ($0.70). Approximately 645,638 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 1,575,962 shares. The stock had previously closed at GBX 51.80 ($0.70).
Wall Street Analysts Forecast Growth
A number of analysts recently commented on GSF shares. Shore Capital restated a "house stock" rating on shares of Gore Street Energy Storage Fund in a research note on Wednesday, September 10th. Royal Bank Of Canada reaffirmed an "underperform" rating and issued a GBX 60 price target on shares of Gore Street Energy Storage Fund in a report on Thursday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Gore Street Energy Storage Fund currently has a consensus rating of "Sell" and a consensus target price of GBX 60.
Get Our Latest Analysis on Gore Street Energy Storage Fund
Gore Street Energy Storage Fund Trading Up 0.8%
The company's fifty day simple moving average is GBX 58.16 and its 200 day simple moving average is GBX 59.52. The stock has a market capitalization of £263.66 million, a P/E ratio of 4,278.69 and a beta of 0.31.
Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported GBX 1.85 earnings per share for the quarter. Gore Street Energy Storage Fund had a negative net margin of 80.72% and a negative return on equity of 1.04%. Equities research analysts predict that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current year.
Gore Street Energy Storage Fund Company Profile
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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
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