Shares of Gresham House Energy Storage (LON:GRID - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 82 ($1.12) and last traded at GBX 80 ($1.09), with a volume of 3775883 shares traded. The stock had previously closed at GBX 78.20 ($1.07).
Gresham House Energy Storage Stock Up 2.3%
The stock has a market capitalization of £454.17 million, a P/E ratio of -2.31 and a beta of 0.26. The company has a fifty day moving average price of GBX 70.59 and a 200-day moving average price of GBX 57.86.
Gresham House Energy Storage (LON:GRID - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported GBX 0.39 ($0.01) earnings per share for the quarter. Gresham House Energy Storage had a negative return on equity of 28.90% and a net margin of 105.20%. As a group, research analysts expect that Gresham House Energy Storage will post 9.5149254 earnings per share for the current fiscal year.
About Gresham House Energy Storage
(
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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