NGG - Watch for Continued Gains in Shares of National Grid Transco PLC PLC (NEW) American Depositary Shares (NGG)
Shares of National Grid Transco PLC PLC (NEW) American Depositary Shares (NYSE:NGG) traded today at $68.26, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 227,000 shares traded hands, while the average 30-day volume is approximately 312,000 shares.
Over the past year, National Grid Transco PLC PLC (NEW) American Depositary Shares has traded in a range of $53.09 to $68.26 and is now at $68.10, 28% above that low.
National Grid Transco PLC PLC (NEW) American Depositary Shares (NYSE:NGG) is currently priced 1.6% above its average consensus analyst price target of $66.99.
National Grid owns and operates the electric and gas transmission system in England and Wales. In 2019, it divested its U.K. natural gas distribution business. In the Northeastern United States, it serves 7.1 million electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer