Gore Street Energy Storage Fund (LON:GSF) Trading 0.7% Higher – Here’s Why

Shares of Gore Street Energy Storage Fund (LON:GSF) were up 0.7% on Wednesday . The stock traded as high as GBX 60.02 ($0.78) and last traded at GBX 60 ($0.78). Approximately 1,140,761 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 1,276,074 shares. The stock had previously closed at GBX 59.60 ($0.77).

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Gore Street Energy Storage Fund in a research report on Wednesday, September 11th.

Gore Street Energy Storage Fund Stock Up 0.2 %

The firm has a market capitalization of £304.58 million, a PE ratio of -6,030.00 and a beta of 0.31. The business’s fifty day moving average price is GBX 58.05 and its 200 day moving average price is GBX 61.63.

Gore Street Energy Storage Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 26th were paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.72%. The ex-dividend date was Thursday, September 26th. Gore Street Energy Storage Fund’s dividend payout ratio is presently -80,000.00%.

About Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Plc is an infrastructure investment fund.