The stock price of National Grid Plc ADR (NYSE: NGG) has plunged by -1.24 when compared to previous closing price of 62.90, but the company has seen a -3.12% decline in its stock price over the last five trading sessions. proactiveinvestors.co.uk reported 2024-11-12 that National Grid PLC (LSE:NG.) has received UK regulatory approval for its LionLink and Nautilus electricity interconnections (Offshore Hybrid Assets) to connect gird networks and offshore wind farms based in Dutch and Belgian territorial waters.
Is It Worth Investing in National Grid Plc ADR (NYSE: NGG) Right Now?
The price-to-earnings ratio for National Grid Plc ADR (NYSE: NGG) is 22.90x, which is above its average ratio. Moreover, the 36-month beta value for NGG is 0.59. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for NGG is 976.98M and currently, short sellers hold a 0.05% of that float. On November 14, 2024, NGG’s average trading volume was 429.88K shares.
NGG’s Market Performance
NGG stock saw a decrease of -3.12% in the past week, with a monthly decline of -7.50% and a quarterly a decrease of -3.47%. The volatility ratio for the week is 1.23%, and the volatility levels for the last 30 days are 1.17% for National Grid Plc ADR (NGG). The simple moving average for the past 20 days is -4.59% for NGG’s stock, with a -2.18% simple moving average for the past 200 days.
NGG Trading at -7.46% from the 50-Day Moving Average
After a stumble in the market that brought NGG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.03% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 1.23%, as shares sank -8.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.01% lower at present.
During the last 5 trading sessions, NGG fell by -3.12%, which changed the moving average for the period of 200-days by -7.98% in comparison to the 20-day moving average, which settled at $65.11. In addition, National Grid Plc ADR saw -2.77% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NGG
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.28 for the gross margin
The net margin for National Grid Plc ADR stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 5.18, with 1.73 for asset returns.
Based on National Grid Plc ADR (NGG), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.59. The interest coverage ratio of the stock is 2.75.
Currently, EBITDA for the company is 6.83 billion with net debt to EBITDA at 6.49. When we switch over and look at the enterprise to sales, we see a ratio of 4.75. The receivables turnover for the company is 9.84for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
To wrap up, the performance of National Grid Plc ADR (NGG) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
