Shares of National Grid Transco PLC (NGG) Sees Large Inflow of Net Money Flow

National Grid Transco PLC (NGG) : On Friday, The money flowed into the National Grid Transco PLC (NGG) stock with an uptick to downtick ratio was recorded at 2.38. Transactions worth $1.74 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.73 million. The total money flow into the stock was $1.01 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.76 million of block transactions on upticks. The total money flow in block trades was $0.76 million. In terms of price action, National Grid Transco PLC (NGG) traded down $0.37 during the session at $72.79. Compared to the previous days closing, the stock was down only by -0.51%. For the week, the stock is -0.22%, over previous weeks closing.


National Grid Transco PLC (NGG) : Currently there are 2 street experts covering National Grid Transco PLC (NGG) stock. The most bullish and bearish price target for the stock is $76 and $74 respectively for the short term. The average price target of all the analysts comes to $75.1. The estimated standard deviation from the target is $1.28.

National Grid Transco PLC (NYSE:NGG): On Fridays trading session , Opening price of the stock was $72.58 with an intraday high of $73.03. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $72.52. However, the stock managed to close at $72.96, a loss of 0.27% for the day. On the previous day, the stock had closed at $73.16. The total traded volume of the day was 557,574 shares.

National Grid Plc is an electricity and gas utility company. The UK Electricity Transmission includes high voltage electricity transmission networks in Great Britain. Its UK Gas Transmission provides the gas transmission network in Great Britain and UK liquefied natural gas (LNG) storage activities. The Companys UK Gas Distribution includes four of the eight regional networks of Great Britains gas distribution system. US Regulated includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York and New England and electricity generation facilities in New York and Massachusetts. The Companys activities primarily relate to non-regulated businesses and other commercial operations, including United Kingdom based gas and electricity metering activities; UK property management; a UK LNG import terminal; other LNG operations, and US unregulated transmission pipelines.

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