Fortis Inc. Shares Climb 0.2% Past Previous 52-Week High - Market Mover

The shares rose 0.2% higher than its previous 52-week high of $42.66, with trading volume lower than its 30 day average

Mar 16, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Climb 0.2% Past Previous 52-Week High - Market Mover
Fortis Inc. shares closed 0.2% higher than its previous 52 week high, giving the company a market cap of $19B. The stock is currently up 5.0% year-to-date, up 16.5% over the past 12 months, and up 39.0% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 3.8%.

Trading Activity

  • Trading volume this week was 41.4% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.

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.0.85.016.5-0.554.1
Dow Jones Industrial Average-0.48.245.2-0.384.0
S&P 500 Index-0.16.049.9-0.683.0
Utilities1.51.412.4-4.747.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -24.5%
  • The company's stock price performance over the past 12 months beats the peer average by 407.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS05.016.5-0.554.1
Peer AvgN/A06.63.3-17.834.4
Fortis Inc.FTS05.016.5-0.554.1
Hawaiian Electric Industries Inc.HE017.9-1.9-22.432.0
Huaneng Power International Inc. Sponsored ADR Class NHNP0-3.2-4.9-30.317.1

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