Gore Street Energy Storage Fund (LON:GSF) Stock Price Down 1% – Should You Sell?

Gore Street Energy Storage Fund (LON:GSF)’s stock price traded down 1% during trading on Wednesday . The company traded as low as GBX 50.51 ($0.65) and last traded at GBX 50.70 ($0.65). 1,237,263 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 1,303,555 shares. The stock had previously closed at GBX 51.20 ($0.66).

Analyst Ratings Changes

Separately, Shore Capital reissued 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 Down 1.0 %

The company has a 50-day moving average of GBX 57.27 and a 200-day moving average of GBX 61.07. The firm has a market capitalization of £256.09 million, a price-to-earnings ratio of -5,070.00 and a beta of 0.31.

Gore Street Energy Storage Fund Cuts Dividend

The firm 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 dividend yield of 1.72%. Gore Street Energy Storage Fund’s dividend payout ratio (DPR) is -80,000.00%.

Gore Street Energy Storage Fund Company Profile

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