National Grid (LON:NG) Trading Up 0.9% – Should You Buy?

National Grid plc (LON:NG) traded up 0.9% on Monday . The stock traded as high as GBX 978.20 ($12.43) and last traded at GBX 975 ($12.39). Approximately 9,547,342 shares changed hands during trading, The stock had previously closed at GBX 966.40 ($12.28).

National Grid Price Performance

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 firm has a market cap of £47.00 billion, a PE ratio of 15.73, a P/E/G ratio of 2.06 and a beta of 0.25. The firm’s fifty day simple moving average is GBX 957.41 and its two-hundred day simple moving average is GBX 982.51.

Insider Buying and Selling at National Grid

In other news, insider Paula Rosput Reynolds bought 46 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was acquired at an average cost of GBX 984 ($12.50) per share, with a total value of £452.64 ($575.22). Insiders acquired 92 shares of company stock worth $89,435 over the last 90 days. 0.18% of the stock is owned by insiders.

About National Grid

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.