National Grid runs the electricity wires across Great Britain and Northern Ireland while National Grid Gas, previously known Transco and formerly part of British Gas, runs the UK's gas pipe network. The company also owns generator Niagara Mohawk in the US.
National Grid Plc Ord 12 204/473P is listed on the London Stock Exchange trading with ticker code NG..L, and is part of the Utilities sector. It has a market capitalisation of £2,834,575m, with approximately 0.00 shares in issue. Over the last year, National Grid share price has been traded in a range of 150.6, hitting a high of 895.10, and a low of 744.50.
National Grid, officially known as National Grid Plc Ord 12 204/473P was formed in July of 2000, making the company nineteen years old. The company filed its latest accounts on 31st March 2015, showing a turnover of approximately 15.20 billion GBX, and a pre-tax profit margin of 17.29%. National Grid currently has 11 directors, and has had 29 previous directors over the last 19 years. In the last set of accounts produced by Pricewaterhousecoopers Llp, the company showed 1.46 billion paid in salaries to the 23,909 staff (average wage of 61 thousand), with the directors receiving an average 1.27 million each. These accounts also showed National Grid to have a net worth of 6.02 billion, with 119.00 million held in cash.
National Grid is in the Utilities sector.
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|Shares in Issue||0.00|
|52 Week High||895.10|
|52 Week Low||744.50|
National Grid Plc. is an avoid at the current price. The stock has been nonstop falling for the past few weeks. The stock finished trading on the London stock exchange at 864p a share, up by 0.58% compared to the previous close. Currently the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 870p, 880p and 894p respectively. In terms of technical analysis or charting, it seems that the stock would continue to correct more and the downfall shall continue as the stock has been trading on the downward trend line. The momentum oscillators are also pointing out towards the weakness in the coming trading sessions. Therefore, we would advise traders or investors to avoid national grid for the time being. (Read more)
National Grid should be an avoid for the time being. The stock has had a massive fall in the past few months and it seems that the stock would take time to consolidate. The company announced its half yearly 2016-17 results, a few days back on 10th November. It seems that the latest results couldn’t cheer the investor’s sentiment on the D- street as the stock crashed by nearly 5%, the same day! We would throw a light on the results of the company in the later part of the article. (Read more)