National Grid (LON:NG) Shares Down 0.4% – Should You Sell?

National Grid plc (LON:NG)’s stock price fell 0.4% during trading on Friday . The stock traded as low as GBX 1,032.50 ($13.97) and last traded at GBX 1,036 ($14.02). 6,021,500 shares changed hands during mid-day trading, The stock had previously closed at GBX 1,040.50 ($14.08).

National Grid Stock Performance

The company has a market cap of £50.94 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 2.06 and a beta of 0.25. The company has a debt-to-equity ratio of 157.61, a quick ratio of 0.34 and a current ratio of 0.91. The company has a fifty day moving average of GBX 1,048.21 and a two-hundred day moving average of GBX 991.08.

National Grid (LON:NG) last released its quarterly earnings data on Thursday, May 15th. The company reported GBX 55.60 ($0.75) earnings per share (EPS) for the quarter. National Grid had a return on equity of 7.72% and a net margin of 11.54%. Equities research analysts anticipate that National Grid plc will post 66.9851952 EPS for the current year.

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.