National Grid plc (LON:NG) Insider Andrew Agg Acquires 15 Shares

National Grid plc (LON:NG) insider Andrew Agg acquired 15 shares of the business’s stock in a transaction on Friday, February 7th. The shares were bought at an average cost of GBX 981 ($12.16) per share, with a total value of £147.15 ($182.34).

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

• On Tuesday, January 7th, Andrew Agg bought 16 shares of National Grid stock. The stock was purchased at an average price of GBX 941 ($11.66) per share, with a total value of £150.56 ($186.57).

National Grid Stock Up 0.5 %

NG stock traded up GBX 5.20 ($0.06) during trading hours on Monday, reaching GBX 982.40 ($12.17). 4,289,185 shares of the stock were exchanged. The company has a market cap of £48.04 billion, a price-to-earnings ratio of 1,786.18, a PEG ratio of 2.06 and a beta of 0.25. The firm’s 50-day moving average is GBX 954.09 and its 200-day moving average is GBX 983.86. National Grid plc has a 12 month low of GBX 645 ($7.99) and a 12 month high of GBX 1,145.50 ($14.19). The company has a debt-to-equity ratio of 161.24, a current ratio of 0.91 and a quick ratio of 0.34.

National Grid (LON:NG) last issued its quarterly earnings results on Thursday, November 7th. The company reported GBX 10.40 ($0.13) earnings per share for the quarter. National Grid had a net margin of 11.54% and a return on equity of 7.46%. On average, equities research analysts expect that National Grid plc will post 66.9851952 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on shares of National Grid from GBX 1,150 ($14.25) to GBX 1,070 ($13.26) and set a “hold” rating for the company in a research note on Monday, October 14th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 1,181.25 ($14.64).

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.