Fortis Inc. Shares Close in on 52-Week High - Market Mover

The shares closed 0.2% below its 52-week high of $47.53, with trading volume higher than its 30 day average

Dec 24, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Close in on 52-Week High - Market Mover
Fortis Inc. (FTS) shares closed today at 0.2% below its 52 week high of $47.53, giving the company a market cap of $22B. The stock is currently up 20.8% year-to-date, up 22.1% over the past 12 months, and up 85.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.3%.

Trading Activity

  • Trading volume this week was 20.3% 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 , beats 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.-0.220.822.10.026.9
Dow Jones Industrial Average0.618.921.1-1.622.0
S&P 500 Index0.626.829.1-0.730.2
Utilities0.113.917.1-1.622.2

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -53.1%
  • The company's stock price performance over the past 12 months lags the peer average by -54.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS020.822.10.026.9
Peer AvgN/A6.144.448.3-3.457.5
Fortis Inc.FTS020.822.10.026.9
Hawaiian Electric Industries, Inc.HE18.418.820.7-9.128.1
Huaneng Power International Inc. - ADRHNP093.6102.2-1.1117.4

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