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

The shares closed 1.4% below its 52-week high of $46.11, with trading volume higher than its 30 day average

Jun 03, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Approach 52-Week High - Market Mover
Fortis Inc. (FTS) shares closed today at 1.4% below its 52 week high of $46.11, giving the company a market cap of $21B. The stock is currently up 13.9% year-to-date, up 21.3% over the past 12 months, and up 49.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 0.3%.

Trading Activity

  • Trading volume this week was 8.9% 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 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.-0.313.921.3-1.528.8
Dow Jones Industrial Average-0.114.037.0-1.741.1
S&P 500 Index-0.412.838.6-1.243.1
Utilities0.74.69.3-4.519.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 5.4%
  • The company's stock price performance over the past 12 months beats the peer average by 101.1%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS013.921.3-1.528.8
Peer AvgN/A013.210.6-10.927.3
Fortis Inc.FTS013.921.3-1.528.8
Hawaiian Electric Industries, Inc.HE023.815.7-6.038.3
Huaneng Power International Inc. - ADRHNP01.8-5.2-25.314.8

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