National Grid (LON:NG) Insider Andrew Agg Acquires 12 Shares of Stock

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

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

• On Wednesday, October 7th, Andrew Agg acquired 13 shares of National Grid stock. The shares were bought 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 bought at an average cost of GBX 1,159 per share, for a total transaction of £150.67.

National Grid Price Performance

Shares of LON NG opened at GBX 1,255.50 on Tuesday. The firm 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 current ratio of 0.76, a quick ratio of 0.34 and a debt-to-equity ratio of 118.97. National Grid plc has a 1-year low of GBX 645 and a 1-year high of GBX 1,145.50. The company has a fifty day moving average price of GBX 1,174.79 and a 200 day moving average price of GBX 1,238.66.

National Grid (LON:NG) last posted its quarterly earnings data on Thursday, November 5th. The company reported GBX 36.50 earnings per share for the quarter. The company had revenue of GBX 813.80 billion during the quarter. National Grid had a return on equity of 8.47% and a net margin of 18.32%. Research analysts predict that National Grid plc will post 66.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

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