Gore Street Energy Storage Fund’s (GSF) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report released on Tuesday, Marketbeat reports.

Gore Street Energy Storage Fund Stock Performance

Shares of GSF stock opened at GBX 48.95 ($0.60) on Tuesday. Gore Street Energy Storage Fund has a fifty-two week low of GBX 45.61 ($0.56) and a fifty-two week high of GBX 75 ($0.93). The stock has a 50 day simple moving average of GBX 49.83 and a two-hundred day simple moving average of GBX 56.04. The company has a market cap of £247.25 million, a P/E ratio of -4,895.00 and a beta of 0.31.

Gore Street Energy Storage Fund (LON:GSF) last announced its quarterly earnings data 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 net margin of 249.56% and a negative return on equity of 1.03%. On average, research analysts predict 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 firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 24th were issued 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 currently -80,000.00%.

About Gore Street Energy Storage Fund

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.