National Grid (LON:NG) Shares Up 0.5% - What's Next?

Key Points

• National Grid plc's stock price rose by 0.5% to GBX 1,036.50 ($14.08) with over 4.9 million shares traded during the session.
• The company reports a market capitalization of £50.96 billion, and though it has a debt-to-equity ratio of 157.61, its P/E ratio stands at 17.05.
• Insider sales included 93,376 shares sold by Andrew Agg and 165,530 shares sold by John Pettigrew, both at an average price of GBX 1,078.

National Grid plc (LON:NG - Get Free Report) rose 0.5% on Thursday . The stock traded as high as GBX 1,039 ($14.16) and last traded at GBX 1,036.50 ($14.13). Approximately 4,959,600 shares changed hands during mid-day trading, The stock had previously closed at GBX 1,031.50 ($14.06).

National Grid Price Performance

The company's fifty day moving average is GBX 1,048.67 and its two-hundred day moving average is GBX 1,036.49. The firm has a market capitalization of £50.99 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61.

Insider Activity at National Grid

In related news, insider John Pettigrew sold 165,530 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of GBX 1,078, for a total value of £1,784,413.40. Also, insider Andrew Agg sold 93,376 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of GBX 1,078, for a total transaction of £1,006,593.28. Insiders purchased 58 shares of company stock worth $60,233 over the last 90 days. 0.18% of the stock is currently owned by company insiders.

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.