National Grid (LON:NG) Stock Price Up 0.5% - Still a Buy?

National Grid plc (LON:NG - Get Free Report)'s stock price rose 0.5% during trading on Monday . The stock traded as high as GBX 1,050 ($14.29) and last traded at GBX 1,047 ($14.25). Approximately 4,075,423 shares were traded during trading, The stock had previously closed at GBX 1,041.50 ($14.18).

National Grid Stock Up 0.5%

The company has a debt-to-equity ratio of 157.61, a quick ratio of 0.34 and a current ratio of 0.91. The firm's 50-day simple moving average is GBX 1,057.33 and its 200 day simple moving average is GBX 1,002.91. The stock has a market capitalization of £51.40 billion, a P/E ratio of 17.20, a PEG ratio of 2.06 and a beta of 0.25.

National Grid (LON:NG - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported GBX 55.60 ($0.76) earnings per share (EPS) for the quarter. National Grid had a net margin of 11.54% and a return on equity of 7.72%. As a group, research analysts expect that National Grid plc will post 66.9851952 EPS for the current year.

Insider Transactions at National Grid

In other news, insider John Pettigrew sold 165,530 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of GBX 1,078 ($14.67), for a total value of £1,784,413.40 ($2,428,764.67). Also, insider Andrew Agg sold 93,376 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of GBX 1,078 ($14.67), for a total transaction of £1,006,593.28 ($1,370,073.88). Over the last ninety days, insiders bought 55,721 shares of company stock worth $59,007,576. 0.18% of the stock is owned by insiders.

About National Grid

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.