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

Key Points

  • John Leggate sold 111,341 shares of Gresham House Energy Storage (LON:GRID) on March 19 at an average price of GBX 75, for a total of £83,505.75.
  • GRID traded around GBX 76.62, close to its 50- and 200-day moving averages (~GBX 75), with a 52-week range of GBX 53–83.30, a market cap of £435.99m and a negative P/E of -54.34.
  • Gresham House Energy Storage invests in utility-scale Battery Energy Storage Systems in Great Britain to capture renewable-driven intraday supply/demand imbalances and aims to deliver a sustainable dividend.

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

Gresham House Energy Storage Trading Up 1.8%

Gresham House Energy Storage stock opened at GBX 76.62 on Friday. The stock has a 50-day moving average price of GBX 75.02 and a 200 day moving average price of GBX 74.69. Gresham House Energy Storage has a 52 week low of GBX 53 and a 52 week high of GBX 83.30. The stock has a market cap of £435.99 million, a PE ratio of -54.34 and a beta of 0.00.

About Gresham House Energy Storage

(Get Free Report)

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.

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