Gore Street Energy Storage Fund (LON:GSF) Given House Stock Rating at Shore Capital

Shore Capital restated their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report published on Wednesday morning, Marketbeat Ratings reports.

Gore Street Energy Storage Fund Stock Performance

LON GSF opened at GBX 53.40 ($0.69) on Wednesday. Gore Street Energy Storage Fund has a one year low of GBX 42.40 ($0.55) and a one year high of GBX 70.60 ($0.92). The stock has a 50-day moving average of GBX 47.82 and a 200 day moving average of GBX 52. The company has a market capitalization of £275.24 million, a price-to-earnings ratio of -46.15 and a beta of 0.31.

Gore Street Energy Storage Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.92%. Gore Street Energy Storage Fund’s payout ratio is -691.37%.

Gore Street Energy Storage Fund Company Profile

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.