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

Shore Capital reissued their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSFFree Report) in a research note released on Wednesday, MarketBeat reports.

Gore Street Energy Storage Fund Trading Up 1.7 %

Gore Street Energy Storage Fund stock opened at GBX 55.30 ($0.71) on Wednesday. The company has a market capitalization of £285.03 million, a P/E ratio of -47.79 and a beta of 0.31. The firm’s fifty day simple moving average is GBX 48.05 and its 200-day simple moving average is GBX 51.98. Gore Street Energy Storage Fund has a 1-year low of GBX 42.40 ($0.55) and a 1-year high of GBX 70.60 ($0.91).

Gore Street Energy Storage Fund Dividend Announcement

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

About Gore Street Energy Storage Fund

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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.

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