National Grid Plc ADR [NGG] stock is trading at $64.55, up 0.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The NGG shares have gain 3.16% over the last week, with a monthly amount glided 5.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
National Grid Plc ADR [NYSE: NGG] stock has seen the most recent analyst activity on June 12, 2024, when Goldman upgraded its rating to a Buy. Previously, Citigroup upgraded its rating to Buy on June 03, 2024. On April 02, 2024, upgrade upgraded it’s rating to Outperform. Jefferies upgraded its rating to a Buy. Deutsche Bank upgraded its rating to a Buy. UBS upgraded its rating to Buy for this stock on December 11, 2023. In a note dated September 28, 2023, Barclays initiated an Overweight rating.
National Grid Plc ADR [NGG] stock has fluctuated between $53.00 and $68.97 over the past year. National Grid Plc ADR [NYSE: NGG] shares were valued at $64.55 at the most recent close of the market.
Analyzing the NGG fundamentals
National Grid Plc ADR [NYSE:NGG] reported sales of 24.93B for the trailing twelve months, which represents a drop of -2.28%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.08 points at the first support level, and at 63.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.83, and for the 2nd resistance point, it is at 65.12.
Ratios To Look Out For
For context, National Grid Plc ADR’s Current Ratio is 0.91. On the other hand, the Quick Ratio is 0.84, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.53, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 18.11.
