National Grid (LON:NG) Stock Price Up 0.9% - Here's Why

National Grid plc (LON:NG - Get Free Report) shares traded up 0.9% on Monday . The company traded as high as GBX 978.20 ($12.61) and last traded at GBX 975 ($12.56). 9,547,342 shares traded hands during trading, The stock had previously closed at GBX 966.40 ($12.45).

National Grid Stock Down 1.5 %

The company has a debt-to-equity ratio of 157.61, a current ratio of 0.91 and a quick ratio of 0.34. The stock has a market capitalization of £45.16 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 2.06 and a beta of 0.25. The firm's fifty day moving average is GBX 958.54 and its 200-day moving average is GBX 982.27.

Insider Buying and Selling

In other news, insider Paula Rosput Reynolds purchased 46 shares of the business's stock in a transaction on Wednesday, January 15th. The stock was purchased at an average price of GBX 984 ($12.68) per share, with a total value of £452.64 ($583.30). In the last quarter, insiders have purchased 92 shares of company stock valued at $89,435. 0.18% of the stock is 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.