Stocks of National Grid Plc ADR (NYSE:NGG) traded higher last session on Wall Street, down -1.66% to $64.50.
According to the data, National Grid Plc ADR (NYSE:NGG) has 15 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. NGG stock price is now 5.38% away from the 50-day moving average and -0.95% away from the 200-day moving average. The market capitalization of the company currently stands at $47.58B.
A total of 6 analysts have issued a hold rating and 7 have given it a buy rating.
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, National Grid Plc ADR has had a low of $56.40 and a high of $74.48. As of last week, the company has a debt-to-equity ratio of 1.52, a current ratio of 0.93, and a quick ratio of 0.82. According to the stock market information, the enterprise value for the company is $101.77B, which is based on a 5.15 price-to-earnings ratio, a 0.97 price-to-earnings-growth ratio, and a beta of 0.69. The fifty day moving average price for NGG is $61.20 and a two-hundred day moving average price translates $65.12 for the stock.
The latest earnings results from National Grid Plc ADR (NYSE: NGG) was released for Sep, 2023. The net profit margin was 36.52% and return on equity was 9.97% for NGG.
National Grid Plc ADR(NGG) Company Profile
National Grid plc transmits and distributes electricity and gas. The company 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. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain’s electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
