Gore Street Energy Storage Fund (LON:GSF) Stock Price Down 0.2% – Here’s What Happened

Gore Street Energy Storage Fund (LON:GSF)’s share price dropped 0.2% during mid-day trading on Wednesday . The stock traded as low as GBX 52.50 ($0.67) and last traded at GBX 52.80 ($0.67). Approximately 1,108,157 shares changed hands during trading, a decline of 15% from the average daily volume of 1,298,433 shares. The stock had previously closed at GBX 52.90 ($0.67).

Wall Street Analysts Forecast Growth

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

Gore Street Energy Storage Fund Trading Up 1.9 %

The business’s fifty day moving average price is GBX 54.85 and its two-hundred day moving average price is GBX 59.93. The firm has a market cap of £267.70 million, a P/E ratio of -5,300.00 and a beta of 0.31.

Gore Street Energy Storage Fund Cuts Dividend

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

Gore Street Energy Storage Fund Company Profile

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