Gore Street Energy Storage Fund (LON:GSF - Get Free Report)'s share price traded up 3.3% during trading on Thursday . The company traded as high as GBX 63.39 ($0.84) and last traded at GBX 62.80 ($0.83). 2,280,530 shares were traded during trading, an increase of 45% from the average session volume of 1,573,327 shares. The stock had previously closed at GBX 60.80 ($0.81).
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "house stock" rating on shares of Gore Street Energy Storage Fund in a research note on Thursday, April 17th.
Get Our Latest Analysis on GSF
Gore Street Energy Storage Fund Stock Down 0.5 %
The business's 50-day simple moving average is GBX 55.19 and its two-hundred day simple moving average is GBX 51.95. The firm has a market cap of £322.14 million, a price-to-earnings ratio of -54.01 and a beta of 0.31.
Gore Street Energy Storage Fund Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 20th were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.92%. The ex-dividend date of this dividend was Thursday, March 20th. Gore Street Energy Storage Fund's dividend payout ratio is presently -691.37%.
Insider Buying and Selling
In related news, insider Malcolm Robert King purchased 30,000 shares of Gore Street Energy Storage Fund stock in a transaction dated Monday, April 14th. The shares were acquired at an average price of GBX 58 ($0.77) per share, for a total transaction of £17,400 ($23,119.85). 5.34% of the stock is currently owned by insiders.
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.
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