Gore Street Energy Storage Fund (LON:GSF) Stock Price Up 2.1% – Time to Buy?

Posted by Teresa Graham on Feb 12th, 2025

Gore Street Energy Storage Fund (LON:GSF – Get Free Report) shot up 2.1% during trading on Tuesday . The stock traded as high as GBX 49.19 ($0.61) and last traded at GBX 48.90 ($0.61). 1,286,945 shares were traded during mid-day trading, a decline of 18% from the average session volume of 1,577,060 shares. The stock had previously closed at GBX 47.90 ($0.60).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Gore Street Energy Storage Fund in a research report on Tuesday, January 21st.

Read Our Latest Research Report on Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Stock Performance

The firm’s 50-day simple moving average is GBX 48.65 and its 200-day simple moving average is GBX 54.35. The company has a market capitalization of £246.99 million, a price-to-earnings ratio of -4,890.00 and a beta of 0.31.

Gore Street Energy Storage Fund (LON:GSF – Get Free Report) last released its earnings results on Thursday, December 12th. The company reported GBX (3.10) (($0.04)) earnings per share for the quarter. Gore Street Energy Storage Fund had a negative return on equity of 1.03% and a negative net margin of 249.56%. Equities research analysts forecast that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current year.

Gore Street Energy Storage Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 24th were given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend was Tuesday, December 24th. Gore Street Energy Storage Fund’s dividend payout ratio is presently -80,000.00%.

Gore Street Energy Storage Fund Company Profile

(Get Free Report)

Launched in 2018, Gore Street Energy Storage Fund plc is London’s first listed energy storage fund. The Company is the only UK-listed energy storage fund with a diversified operational portfolio located across four grids. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.