National Grid (LON:NG) Insider Buys £151.08 in Stock

National Grid plc (LON:NG) insider Andrew Agg acquired 12 shares of the company’s stock in a transaction on Monday, November 9th. The shares were purchased at an average cost of GBX 1,259 per share, with a total value of £151.08.

Andrew Agg also recently made the following trade(s):

• On Wednesday, October 7th, Andrew Agg purchased 13 shares of National Grid stock. The shares were acquired at an average cost of GBX 1,137 per share, with a total value of £147.81.
• On Monday, September 7th, Andrew Agg acquired 13 shares of National Grid stock. The stock was acquired at an average price of GBX 1,159 per share, for a total transaction of £150.67.

National Grid Price Performance

Shares of NG stock opened at GBX 1,255.50 on Tuesday. National Grid plc has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50. The stock has a market cap of £61.64 billion, a PE ratio of 20.63, a PEG ratio of 2.06 and a beta of 0.59. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. The firm’s 50 day moving average price is GBX 1,174.79 and its two-hundred day moving average price is GBX 1,238.66.

National Grid (LON:NG) last issued its earnings results on Thursday, November 5th. The company reported GBX 36.50 EPS for the quarter. The company had revenue of GBX 813.80 billion during the quarter. National Grid had a net margin of 18.32% and a return on equity of 8.47%. As a group, analysts forecast that National Grid plc will post 66.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,300 target price on shares of National Grid in a research note on Tuesday, October 6th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,316.33.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.