Gore Street Energy Storage Fund (LON:GSF) Shares Down 2.1%

Gore Street Energy Storage Fund (LON:GSF) fell 2.1% during trading on Tuesday . The stock traded as low as GBX 59.30 ($0.78) and last traded at GBX 59.40 ($0.78). 1,257,864 shares traded hands during trading, a decline of 4% from the average session volume of 1,304,873 shares. The stock had previously closed at GBX 60.70 ($0.80).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Gore Street Energy Storage Fund in a report on Monday, July 15th.

Gore Street Energy Storage Fund Stock Performance

The stock has a market cap of £302.05 million, a P/E ratio of 664.44 and a beta of 0.36. The business’s 50-day moving average price is GBX 62.49 and its 200-day moving average price is GBX 63.94.

Gore Street Energy Storage Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, July 15th. Shareholders of record on Thursday, June 27th were given a GBX 1.50 ($0.02) dividend. This represents a yield of 2.27%. The ex-dividend date was Thursday, June 27th. Gore Street Energy Storage Fund’s payout ratio is 8,888.89%.

About Gore Street Energy Storage Fund

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