Fortis Inc. Shares Approach 52-Week High - Market Mover
The shares closed 0.5% below its 52-week high of $47.79, with trading volume lower than its 30 day average
Dec 27, 2021 by Kwhen Finance Editors
Fortis Inc. (FTS) shares closed today at 0.5% below its 52 week high of $47.79, giving the company a market cap of $22B. The stock is currently up 20.6% year-to-date, up 20.1% over the past 12 months, and up 86.2% over the past five years. This week, the Dow Jones Industrial Average rose 1.6%, and the S&P 500 rose 2.3%.
Trading Activity
- Trading volume this week was 30.0% lower than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.3.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Fortis Inc. | 0.3 | 20.6 | 20.1 | -0.4 | 27.1 |
| Dow Jones Industrial Average | 0.6 | 19.5 | 21.0 | -1.6 | 22.0 |
| S&P 500 Index | 0.6 | 27.5 | 29.2 | -0.7 | 30.2 |
| Utilities | 0.5 | 14.0 | 16.6 | -1.5 | 22.3 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -58.5%
- The company's stock price performance over the past 12 months lags the peer average by -62.2%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Fortis Inc. | FTS | 0 | 20.6 | 20.1 | -0.4 | 27.1 |
| Peer Avg | N/A | 6.1 | 49.7 | 53.4 | -3.9 | 64.3 |
| Fortis Inc. | FTS | 0 | 20.6 | 20.1 | -0.4 | 27.1 |
| Hawaiian Electric Industries, Inc. | HE | 18.2 | 17.8 | 20.5 | -10.2 | 26.4 |
| Huaneng Power International Inc. - ADR | HNP | 0 | 110.6 | 119.4 | -1.2 | 139.3 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
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