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

The shares closed 0.7% below its 52-week high of $46.75, with trading volume lower than its 30 day average

Jun 11, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Approach 52-Week High - Market Mover
Fortis Inc. (FTS) shares closed today at 0.7% below its 52 week high of $46.75, giving the company a market cap of $21B. The stock is currently up 16.3% year-to-date, up 23.3% over the past 12 months, and up 52.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 1.2%.

Trading Activity

  • Trading volume this week was 7.5% lower 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 an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 0.5% higher than its 5-day moving average, 1.5% higher than its 20-day moving average, and 7.4% higher than its 90-day moving average.

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
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Fortis Inc.-0.316.323.3-0.432.0
Dow Jones Industrial Average0.013.630.1-1.341.6
S&P 500 Index0.213.734.9-0.145.2
Utilities0.06.210.2-2.622.4

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -0.8%
  • The company's stock price performance over the past 12 months beats the peer average by 89.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS016.323.3-0.432.0
Peer AvgN/A016.412.3-8.531.4
Fortis Inc.FTS016.323.3-0.432.0
Hawaiian Electric Industries, Inc.HE027.916.3-2.443.5
Huaneng Power International Inc. - ADRHNP05.1-2.6-22.718.7

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.

Was this content valuable for you?

Tags: