Gresham House Energy Storage (LON:GRID) Stock Price Down 1.3% – Here’s Why

Gresham House Energy Storage (LON:GRIDGet Free Report) was down 1.3% during mid-day trading on Friday . The stock traded as low as GBX 46.70 ($0.59) and last traded at GBX 46.70 ($0.59). Approximately 406,559 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 931,509 shares. The stock had previously closed at GBX 47.30 ($0.60).

Gresham House Energy Storage Trading Down 1.3 %

The firm has a 50-day moving average of GBX 50.11 and a 200-day moving average of GBX 58.30. The stock has a market capitalization of £265.75 million, a price-to-earnings ratio of -233.50 and a beta of 0.26.

Insiders Place Their Bets

In other news, insider Isabel Liu bought 28,591 shares of the stock in a transaction dated Monday, September 30th. The shares were acquired at an average cost of GBX 52 ($0.66) per share, with a total value of £14,867.32 ($18,736.38). 3.33% of the stock is owned by insiders.

Gresham House Energy Storage Company Profile

(Get Free Report)

Gresham House Energy Storage Fund plc is an infrastructure investment fund.

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