National Grid (LON:NG) Trading Up 2.9% - What's Next?

Shares of National Grid plc (LON:NG - Get Free Report) were up 2.9% during mid-day trading on Monday . The stock traded as high as GBX 1,012 ($12.88) and last traded at GBX 1,009.50 ($12.85). Approximately 9,240,070 shares changed hands during mid-day trading, The stock had previously closed at GBX 981.40 ($12.49).

National Grid Stock Down 1.8 %

The stock has a 50-day moving average of GBX 973.18 and a 200 day moving average of GBX 976.45. 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 £50.77 billion, a PE ratio of 16.99, a P/E/G ratio of 2.06 and a beta of 0.25.

Insider Transactions at National Grid

In other National Grid news, insider Paula Rosput Reynolds bought 46 shares of National Grid stock in a transaction that occurred on Wednesday, January 15th. The stock was acquired at an average cost of GBX 984 ($12.53) per share, for a total transaction of £452.64 ($576.17). Over the last ninety days, insiders have bought 94 shares of company stock valued at $90,658. 0.18% of the stock is currently owned by corporate 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.