Gresham House Energy Storage (LON:GRID) Stock Price Down 8.1% – Here’s Why

Gresham House Energy Storage (LON:GRIDGet Free Report) shares dropped 8.1% during mid-day trading on Monday . The stock traded as low as GBX 44.20 ($0.56) and last traded at GBX 44.20 ($0.56). Approximately 892,431 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 928,883 shares. The stock had previously closed at GBX 48.10 ($0.61).

Gresham House Energy Storage Stock Performance

The firm’s 50 day moving average is GBX 49.22 and its 200-day moving average is GBX 57.29. The stock has a market capitalization of £248.96 million, a price-to-earnings ratio of -220.04 and a beta of 0.26.

Insider Transactions at Gresham House Energy Storage

In related news, insider Isabel Liu bought 28,591 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of GBX 52 ($0.66) per share, with a total value of £14,867.32 ($18,965.84). Corporate insiders own 3.33% of the company’s stock.

About Gresham House Energy Storage

(Get Free Report)

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

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