National Grid Transco PLC PLC (NEW) American Depositary Shares: The Winning Streak Continues (NGG)

January 19, 2022 11:17:47

National Grid Transco PLC PLC (NEW) American Depositary Shares (NYSE:NGG) traded at a new 52-week high today of $74.25. So far today approximately 79,000 shares have been exchanged, as compared to an average 30-day volume of 323,000 shares.

National Grid Transco PLC PLC (NEW) American Depositary Shares share prices have moved between a 52-week high of $74.25 and a 52-week low of $55.89 and are now trading 33% above that low price at $74.08 per share.

National Grid Transco PLC PLC (NEW) American Depositary Shares (NYSE:NGG) has potential upside of 6.4% based on a current price of $74.08 and analysts’ consensus price target of $78.79.

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.

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