Gresham House Energy Storage (LON:GRID) Insider John Leggate Sells 111,341 Shares

Gresham House Energy Storage (LON:GRID) insider John Leggate sold 111,341 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of GBX 75, for a total transaction of £83,505.75.

Gresham House Energy Storage Price Performance

Shares of GRID opened at GBX 76.62 on Friday. The firm has a 50 day simple moving average of GBX 75.02 and a 200-day simple moving average of GBX 74.69. Gresham House Energy Storage has a 1-year low of GBX 53 and a 1-year high of GBX 83.30. The stock has a market cap of £435.99 million, a price-to-earnings ratio of -54.34 and a beta of 0.00.

About Gresham House Energy Storage

Gresham House Energy Storage Fund plc (GRID or the Fund) seeks to capitalise on the growing intraday supply and demand imbalances caused by Great Britain’s ever increasing reliance on renewable energy. The Fund aims to provide investors with an attractive and sustainable dividend by investing in a portfolio of utility-scale Battery Energy Storage Systems (BESS) located in Great Britain, which primarily use batteries to import and export power, accessing multiple revenue sources available in the power market.

Gresham House Asset Management Limited (GHAM), is the investment Manager for Gresham House Energy Storage Fund plc.