NGG

National Grid's Contribution: National Grid is donating $400,000 to local food banks and pantries in New York and Massachusetts to combat rising food insecurity, enabling 15 organizations to provide essential groceries and meals to families in need.

Community Impact: The funding will help food organizations purchase more food and maintain stocked pantry shelves, addressing the urgent needs of families facing economic hardships, especially during the holiday season.

Partnerships and Volunteer Efforts: National Grid is collaborating with various food assistance organizations and its employees will volunteer for food distributions as part of their "Grid for Good" initiative, emphasizing their commitment to community support.

Statements from Beneficiaries: Leaders from various food banks expressed gratitude for National Grid's support, highlighting the significant impact of the funding on their ability to serve vulnerable populations and meet the growing demand for food assistance.

Overbought Stocks in Utilities Sector: As of November 10, 2025, National Grid Plc (NGG) and American Electric Power Company Inc (AEP) are identified as overbought stocks, with RSI values of 70.9 and 72.4, respectively.

National Grid Performance: National Grid's stock rose 1.9% to close at $77.75, following a 4% gain over the past five days, and it has reached a 52-week high of $77.94.

American Electric Power Developments: AEP's stock increased by 1.6% to close at $121.43, also gaining 4% over the past week, with a 52-week high of $122.85, following a strategic partnership announcement.

Momentum Indicators: The RSI is a key momentum indicator for traders, suggesting that stocks with values above 70 may be overbought, indicating potential caution for investors focused on momentum.