A share price of National Grid Plc ADR [NGG] is currently trading at $63.21, up 1.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The NGG shares have gain 3.91% over the last week, with a monthly amount glided 4.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
National Grid Plc ADR [NYSE: NGG] stock has seen the most recent analyst activity on January 21, 2025, when Citigroup upgraded its rating to a Buy. Previously, Citigroup downgraded its rating to Neutral on October 03, 2024. Goldman upgraded its rating to a Buy. Citigroup upgraded its rating to a Buy. Exane BNP Paribas upgraded its rating to Outperform for this stock on April 02, 2024. In a note dated February 05, 2024, Jefferies upgraded an Buy rating on this stock.
National Grid Plc ADR experienced fluctuations in its stock price throughout the past year between $53.57 and $71.43. Currently, Wall Street analysts expect the stock to reach $73 within the next 12 months. National Grid Plc ADR [NYSE: NGG] shares were valued at $63.21 at the most recent close of the market. An investor can expect a potential return of 15.49% based on the average NGG price forecast.
Analyzing the NGG fundamentals
Trailing Twelve Months sales for National Grid Plc ADR [NYSE:NGG] were 24.44B which represents -4.58% decline. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.22%, 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 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.58.
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 62.44 points at the first support level, and at 61.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.63, and for the 2nd resistance point, it is at 64.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for National Grid Plc ADR [NYSE:NGG] is 1.61. On the other hand, the Quick Ratio is 1.54, 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 1.28 and price to earnings (TTM) ratio is 23.30.
