National Grid plc (LON:NG) Insider Buys £147.15 in Stock

National Grid plc (LON:NG) insider Andrew Agg purchased 15 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average cost of GBX 981 ($12.16) per share, with a total value of £147.15 ($182.34).

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

• On Tuesday, January 7th, Andrew Agg bought 16 shares of National Grid stock. The stock was acquired at an average price of GBX 941 ($11.66) per share, with a total value of £150.56 ($186.57).

National Grid Stock Performance

Shares of National Grid stock traded up GBX 5.20 ($0.06) on Monday, reaching GBX 982.40 ($12.17). The stock had a trading volume of 4,289,185 shares. The company has a debt-to-equity ratio of 161.24, a quick ratio of 0.34 and a current ratio of 0.91. National Grid plc has a fifty-two week low of GBX 645 ($7.99) and a fifty-two week high of GBX 1,145.50 ($14.19). The business’s 50-day moving average price is GBX 954.09 and its two-hundred day moving average price is GBX 983.86. The stock has a market cap of £48.04 billion, a P/E ratio of 1,786.18, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25.

National Grid (LON:NG) last issued its quarterly earnings results on Thursday, November 7th. The company reported GBX 10.40 ($0.13) earnings per share for the quarter. National Grid had a net margin of 11.54% and a return on equity of 7.46%. On average, sell-side analysts forecast that National Grid plc will post 66.9851952 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price target on shares of National Grid from GBX 1,150 ($14.25) to GBX 1,070 ($13.26) and set a “hold” rating on the stock in a research note on Monday, October 14th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 1,181.25 ($14.64).

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.