Gore Street Energy Storage Fund (LON:GSF) Trading Up 0.2% – Should You Buy?

Gore Street Energy Storage Fund (LON:GSF) shares were up 0.2% during mid-day trading on Thursday . The company traded as high as GBX 50.90 ($0.63) and last traded at GBX 48.20 ($0.60). Approximately 1,436,456 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 1,327,412 shares. The stock had previously closed at GBX 48.10 ($0.60).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Gore Street Energy Storage Fund in a report on Thursday, December 12th.

Gore Street Energy Storage Fund Trading Up 0.2 %

The business’s fifty day simple moving average is GBX 52.52 and its two-hundred day simple moving average is GBX 57.86. The stock has a market capitalization of £243.46 million, a P/E ratio of -4,820.00 and a beta of 0.31.

Gore Street Energy Storage Fund Announces Dividend

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

About Gore Street Energy Storage Fund

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