Gresham House Energy Storage (LON:GRID) Shares Down 0.9% - Should You Sell?

Gresham House Energy Storage (LON:GRID - Get Free Report) shares dropped 0.9% during mid-day trading on Wednesday . The company traded as low as GBX 64 ($0.86) and last traded at GBX 64 ($0.86). Approximately 242,776 shares were traded during trading, a decline of 80% from the average daily volume of 1,209,031 shares. The stock had previously closed at GBX 64.60 ($0.87).

Gresham House Energy Storage Trading Up 0.6%

The business has a fifty day moving average of GBX 64.46 and a 200-day moving average of GBX 52.87. The firm has a market cap of £365.61 million, a PE ratio of -1.86 and a beta of 0.26.

Gresham House Energy Storage (LON:GRID - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported GBX 0.39 ($0.01) earnings per share (EPS) for the quarter. Gresham House Energy Storage had a negative return on equity of 28.90% and a net margin of 105.20%. On average, equities analysts forecast that Gresham House Energy Storage will post 9.5149254 EPS for the current year.

Gresham House Energy Storage Company Profile

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.