National Grid traded at $74.93 this Tuesday September 15th, decreasing $4.22 or 5.33 percent since the previous trading session. Looking back, over the last four weeks, National Grid lost 7.82 percent. Over the last 12 months, its price rose by 5.71 percent. Looking ahead, we forecast National Grid to be priced at 77.65 by the end of this quarter and at 73.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
National Grid PLC is an energy transmission and distribution company. The Company operates through three segments: UK Electricity Transmission, UK Gas Transmission and US Regulated. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales and Great Britain system operator. This segment also includes the independent Electricity System Operator (ESO). The UK Gas Transmission segment includes the high-pressure gas transmission networks in Great Britain and system operator in Great Britain. The US Regulated segment 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. The Company's transmission and distribution services include provision of electricity transmission and distribution services to customers and operation of electricity transmission facilities.