Gore Street Energy Storage Fund (LON:GSF) Releases Quarterly Earnings Results

Gore Street Energy Storage Fund (LON:GSF) posted its quarterly earnings data on Thursday. The company reported GBX (23.72) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gore Street Energy Storage Fund had a negative return on equity of 7.69% and a net margin of 131.36%.

Gore Street Energy Storage Fund Trading Down 0.2%

Shares of Gore Street Energy Storage Fund stock opened at GBX 45.65 on Friday. Gore Street Energy Storage Fund has a 1 year low of GBX 43.20 and a 1 year high of GBX 64.60. The company’s fifty day simple moving average is GBX 51.07 and its 200-day simple moving average is GBX 52.67. The company has a market cap of £230.58 million, a price-to-earnings ratio of -7.19 and a beta of 0.38.

Analyst Ratings Changes

Several brokerages recently commented on GSF. Shore Capital Group reiterated a “house stock” rating on shares of Gore Street Energy Storage Fund in a report on Wednesday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Gore Street Energy Storage Fund in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Gore Street Energy Storage Fund presently has a consensus rating of “Hold”.

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. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.
Energy storage technologies enhance power system stability and flexibility and are key tools for balancing out variability in renewable energy generation, facilitating the integration of more renewable energy supply into power grids.