Fortis Inc. Shares Climb 0.6% Past Previous 52-Week High - Market Mover

The shares rose 0.6% higher than its previous 52-week high of $43.50, with trading volume lower than its 30 day average

Mar 29, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Climb 0.6% Past Previous 52-Week High - Market Mover
Fortis Inc. shares closed 0.6% higher than its previous 52 week high, giving the company a market cap of $20B. The stock is currently up 7.6% year-to-date, up 27.2% over the past 12 months, and up 42.5% over the past five years. This week, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 1.7%.

Trading Activity

  • Trading volume this week was 28.2% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.

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 lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Fortis Inc.0.67.627.2-0.229.9
Dow Jones Industrial Average0.38.655.8-1.461.3
S&P 500 Index-0.16.358.8-1.562.9
Utilities0.92.416.5-3.626.7

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -27.0%
  • The company's stock price performance over the past 12 months beats the peer average by 125.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS07.627.2-0.229.9
Peer AvgN/A010.412.1-10.127.1
Fortis Inc.FTS07.627.2-0.229.9
Hawaiian Electric Industries Inc.HE026.710.4-1.541.8
Huaneng Power International Inc. Sponsored ADR Class NHNP0-3.1-1.4-28.79.5

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