Gresham House Energy Storage (LON:GRID) Hits New 1-Year Low at $39.65

Gresham House Energy Storage (LON:GRID - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 39.65 ($0.49) and last traded at GBX 40.20 ($0.50), with a volume of 976770 shares. The stock had previously closed at GBX 41 ($0.51).

Gresham House Energy Storage Price Performance

The firm has a market capitalization of £230.52 million, a P/E ratio of 574.29 and a beta of 0.18. The stock's fifty day simple moving average is GBX 52.51 and its 200 day simple moving average is GBX 79.46.

Insiders Place Their Bets

In other news, insider David Stevenson bought 5,143 shares of Gresham House Energy Storage stock in a transaction on Thursday, February 1st. The stock was acquired at an average cost of GBX 48 ($0.60) per share, for a total transaction of £2,468.64 ($3,073.12). In related news, insider Isabel Liu acquired 29,999 shares of the business's stock in a transaction dated Tuesday, February 6th. The shares were purchased at an average price of GBX 50 ($0.62) per share, for a total transaction of £14,999.50 ($18,672.35). Also, insider David Stevenson acquired 5,143 shares of the business's stock in a transaction dated Thursday, February 1st. The shares were bought at an average price of GBX 48 ($0.60) per share, for a total transaction of £2,468.64 ($3,073.12). 3.28% of the stock is currently owned by corporate insiders.

About Gresham House Energy Storage

Gresham House Energy Storage Fund plc is an infrastructure investment fund.