Fortis Inc. Shares Approach 52-Week High - Market Mover

The shares closed 0.4% below its 52-week high of $45.57, with trading volume higher than its 30 day average

May 17, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Approach 52-Week High - Market Mover
Fortis Inc. (FTS) shares closed today at 0.4% below its 52 week high of $45.57, giving the company a market cap of $21B. The stock is currently up 13.4% year-to-date, up 30.9% over the past 12 months, and up 48.8% over the past five years. This week, the Dow Jones Industrial Average fell 1.0%, and the S&P 500 fell 1.3%.

Trading Activity

  • Trading volume this week was 0.4% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.5.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward 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 lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Fortis Inc.-0.113.430.9-0.732.2
Dow Jones Industrial Average-0.213.147.9-2.244.3
S&P 500 Index-0.311.847.8-1.844.6
Utilities0.56.022.9-2.922.0

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -2.3%
  • The company's stock price performance over the past 12 months beats the peer average by 62.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS013.430.9-0.732.2
Peer AvgN/A013.719.0-10.129.2
Fortis Inc.FTS013.430.9-0.732.2
Hawaiian Electric Industries, Inc.HE027.228.1-2.842.9
Huaneng Power International Inc. - ADRHNP00.5-1.9-26.812.4

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