Gore Street Energy Storage Fund (LON:GSF) Stock Price Up 1.7% – Time to Buy?

Gore Street Energy Storage Fund (LON:GSF) shares were up 1.7% during trading on Monday . The stock traded as high as GBX 61.70 and last traded at GBX 61.50. Approximately 964,218 shares were traded during trading, a decline of 40% from the average daily volume of 1,601,171 shares. The stock had previously closed at GBX 60.50.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Gore Street Energy Storage Fund in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Gore Street Energy Storage Fund presently has a consensus rating of “Sell” and a consensus target price of GBX 60.

Gore Street Energy Storage Fund Price Performance

The business’s 50 day simple moving average is GBX 58.21 and its two-hundred day simple moving average is GBX 60.64. The stock has a market cap of £308.62 million, a P/E ratio of 50.08 and a beta of 0.31.

About Gore Street Energy Storage Fund

About Us: Gore Street Energy Storage Fund plc is London’s first listed energy storage fund, launched in 2018. The Company is the only UK-listed energy storage fund with a diversified portfolio across five grid networks. The Company is one of the principal owners and operators of battery storage facilities in Great Britain and Ireland and owns and operates facilities in Western Mainland Europe and the US.