National Grid plc (LON:NG - Get Free Report) insider Andrew Agg bought 16 shares of National Grid stock in a transaction that occurred on Tuesday, January 7th. The shares were acquired at an average price of GBX 941 ($11.74) per share, for a total transaction of £150.56 ($187.82).
National Grid Price Performance
Shares of LON:NG traded down GBX 2.40 ($0.03) during trading on Wednesday, reaching GBX 939.80 ($11.72). The company had a trading volume of 4,820,309 shares. National Grid plc has a twelve month low of GBX 645 ($8.05) and a twelve month high of GBX 1,145.50 ($14.29). The company has a debt-to-equity ratio of 161.24, a quick ratio of 0.34 and a current ratio of 0.91. The firm has a market capitalization of £45.96 billion, a PE ratio of 1,708.73, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. The firm's fifty day moving average is GBX 965.44 and its 200 day moving average is GBX 977.64.
National Grid Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, January 14th. Investors of record on Thursday, November 21st will be issued a dividend of GBX 15.84 ($0.20) per share. This represents a yield of 1.61%. The ex-dividend date of this dividend is Thursday, November 21st. National Grid's payout ratio is currently 10,363.64%.
Analyst Ratings Changes
NG has been the subject of a number of recent research reports. Berenberg Bank lowered their target price on National Grid from GBX 1,150 ($14.35) to GBX 1,070 ($13.35) and set a "hold" rating for the company in a research note on Monday, October 14th. Citigroup reiterated a "top pick" rating on shares of National Grid in a research note on Monday, September 16th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 1,181.25 ($14.74).
Read Our Latest Stock Report on NG
National Grid Company Profile
(
Get Free Report)
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.
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