National Grid plc (LON:NG) Insider John Pettigrew Buys 33,779 Shares

National Grid plc (LON:NG) insider John Pettigrew purchased 33,779 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of GBX 1,059 ($14.37) per share, with a total value of £357,719.61 ($485,438.47).

John Pettigrew also recently made the following trade(s):

• On Monday, June 9th, John Pettigrew purchased 15 shares of National Grid stock. The stock was purchased at an average price of GBX 1,035 ($14.05) per share, with a total value of £155.25 ($210.68).
• On Wednesday, May 7th, John Pettigrew purchased 14 shares of National Grid stock. The stock was purchased at an average price of GBX 1,071 ($14.53) per share, with a total value of £149.94 ($203.47).

National Grid Price Performance

National Grid stock opened at GBX 1,063 ($14.43) on Tuesday. The stock has a market cap of £52.19 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. The company has a fifty day simple moving average of GBX 1,052.12 and a 200-day simple moving average of GBX 993.90. National Grid plc has a 12-month low of GBX 645 ($8.75) and a 12-month high of GBX 1,145.50 ($15.54). The company has a current ratio of 0.91, a quick ratio of 0.34 and a debt-to-equity ratio of 157.61.

National Grid (LON:NG) last announced its quarterly earnings results 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 analysts expect that National Grid plc will post 66.9851952 EPS for the current fiscal year.

National Grid Company Profile

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.