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National Grid Transco PLC PLC (NEW) American Depositary Shares (NYSE:NGG) traded at a new 52-week high today of $75.86. This new high was reached on below average trading volume as 129,000 shares traded hands, while the average 30-day volume is approximately 430,000 shares.
Over the past year, National Grid Transco PLC PLC (NEW) American Depositary Shares has traded in a range of $55.89 to $75.86 and is now at $75.28, 35% above that low.
There is potential upside of 5.5% for shares of National Grid Transco PLC PLC (NEW) American Depositary Shares based on a current price of $75.28 and an average consensus analyst price target of $79.43.
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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