Gore Street Energy Storage Fund (LON:GSF) Receives House Stock Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a research report released on Tuesday, MarketBeat Ratings reports.

Gore Street Energy Storage Fund Price Performance

LON GSF opened at GBX 48.95 ($0.60) on Tuesday. The stock has a market capitalization of £247.25 million, a price-to-earnings ratio of -4,895.00 and a beta of 0.31. The business’s fifty day moving average is GBX 49.83 and its 200-day moving average is GBX 56.04. Gore Street Energy Storage Fund has a one year low of GBX 45.61 ($0.56) and a one year high of GBX 75 ($0.93).

Gore Street Energy Storage Fund (LON:GSF) last posted its quarterly earnings results on Thursday, December 12th. The company reported GBX (3.10) (($0.04)) earnings per share for the quarter. Gore Street Energy Storage Fund had a negative return on equity of 1.03% and a negative net margin of 249.56%. Research analysts expect that Gore Street Energy Storage Fund will post 2.9007634 EPS for the current fiscal year.

Gore Street Energy Storage Fund Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 24th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.98%. The ex-dividend date was Tuesday, December 24th. Gore Street Energy Storage Fund’s dividend payout ratio (DPR) is presently -80,000.00%.

About Gore Street Energy Storage Fund

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.