National Grid plc (NGG): Technical Analysis and analyst Ratings


National Grid plc (NYSE:NGG) changes shares on Monday trading session, with a change of 0.57% or $0.34 shares. The trading starts at $60.58 and closed at $59.75 throughout the day. The trading session low price was $59.81 and day high was $60.64 on Monday, June 22. After the session, the Utilities sector daily volume shifted to 1.08 million while its average volume is 590.78K. In other hand, the NGG market cap reached to $42.07B. While, its current target price is $60.09 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.12% and up 8.76% for month. Its quarterly performance was 32.50% above, while its half year performance is down -3.50%. NGG yearly performance stood at positive 11.20% and fall -4.12% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NGG EPS (TTM) for 12-month is 2.27. EPS for this year is 0.00%. Sales growth for the current quarter is 9.82 while its EPS Q/Q reached 0.00%. It has an EPS of 0.00% down for past five years and for the next five years will be up 2.70%.

Let’s take a look on the analyst recommendations on NGG for the current month and previous month. For the current month, 10 of 17 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 0 rated it sell, 8 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $56.43-$71.40. Average target price for NGG was reached at $63.25.

The insider ownership moved to 3.50% and institutional holding shifted to 5.10%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NGG rise 2.48% for period of 200 days. SMA for 50 days was 4.77% which is showing green signal, while SMA-20 was 3.66%. The moving average value for National Grid plc (NGG) is 60.04 and 57.57 for 200 and 50 days respectively.