National Grid (LON:NG) Shares Up 0.9% - Here's What Happened

National Grid plc (LON:NG - Get Free Report)'s stock price traded up 0.9% on Thursday . The stock traded as high as GBX 1,022.50 ($13.69) and last traded at GBX 1,015.50 ($13.60). 9,811,752 shares traded hands during trading, The stock had previously closed at GBX 1,006.50 ($13.48).

National Grid Trading Up 1.6%

The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61. The company has a market capitalization of £53.39 billion, a P/E ratio of 17.87, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. The business has a fifty day moving average price of GBX 1,027.73 and a 200 day moving average price of GBX 984.35.

National Grid (LON:NG - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported GBX 55.60 ($0.74) earnings per share for the quarter. National Grid had a return on equity of 7.72% and a net margin of 11.54%. On average, analysts expect that National Grid plc will post 66.9851952 earnings per share for the current fiscal year.

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.