National Grid (LON:NG) Insider Zoe Yujnovich Sells 66,930 Shares

National Grid plc (LON:NG) insider Zoe Yujnovich sold 66,930 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of GBX 1,156, for a total transaction 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 stock was acquired at an average cost of GBX 1,203 per share, for a total transaction of £298,307.91.

National Grid Stock Down 0.5%

Shares of LON NG traded down GBX 6 during midday trading on Wednesday, hitting GBX 1,164. 9,109,539 shares of the company’s stock were exchanged. The company has a debt-to-equity ratio of 118.97, a current ratio of 0.76 and a quick ratio of 0.34. National Grid plc has a twelve month low of GBX 645 and a twelve month high of GBX 1,145.50. The firm’s fifty day simple moving average is GBX 1,212.66 and its 200-day simple moving average is GBX 1,261.28. The company has a market cap of £57.15 billion, a PE ratio of 19.12, a P/E/G ratio of 2.06 and a beta of 0.59.

Wall Street Analysts Forecast Growth

NG has been the subject of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,375 price objective on shares of National Grid in a research note on Thursday, July 2nd. JPMorgan Chase & Co. decreased their price target on National Grid from GBX 1,450 to GBX 1,440 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. UBS Group restated a “sell” rating and set a GBX 1,160 target price on shares of National Grid in a research report on Monday, May 11th. Finally, Jefferies Financial Group reduced their price objective on National Grid from GBX 1,410 to GBX 1,300 and set a “hold” rating on the stock in a research report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price 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.