National Grid (LON:NG) Insider Sells £773,710.80 in Stock

National Grid plc (LON:NG) insider Zoe Yujnovich sold 66,930 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of GBX 1,156, for a total value of £773,710.80.

Zoe Yujnovich also recently made the following trade(s):

• On Monday, June 15th, Zoe Yujnovich bought 24,797 shares of National Grid stock. The shares were acquired at an average cost of GBX 1,203 per share, for a total transaction of £298,307.91.

National Grid Price Performance

Shares of LON NG opened at GBX 1,146 on Friday. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. The company has a market cap of £56.26 billion, a PE ratio of 18.83, a P/E/G ratio of 2.06 and a beta of 0.59. The business has a 50-day simple moving average of GBX 1,207.42 and a two-hundred day simple moving average of GBX 1,257.89. National Grid plc has a fifty-two week low of GBX 645 and a fifty-two week high of GBX 1,145.50.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. UBS Group restated a “sell” rating and set a GBX 1,160 price target on shares of National Grid in a research note on Monday, May 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,375 price target on shares of National Grid in a research report on Thursday, July 2nd. Finally, Jefferies Financial Group cut their price objective on National Grid from GBX 1,410 to GBX 1,300 and set a “hold” rating on the stock in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 1,299.71.

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. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.