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

The shares closed 0.3% below its 52-week high of $46.11, with trading volume lower than its 30 day average

Jun 07, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Approach 52-Week High - Market Mover
Fortis Inc. (FTS) shares closed today at 0.3% below its 52 week high of $46.11, giving the company a market cap of $21B. The stock is currently up 14.2% year-to-date, up 18.6% over the past 12 months, and up 49.9% over the past five years. This week, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 0.6%.

Trading Activity

  • Trading volume this week was 41.7% 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 beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Fortis Inc.0.514.218.6-0.729.8
Dow Jones Industrial Average-0.414.530.6-0.642.6
S&P 500 Index-0.113.434.5-0.144.7
Utilities0.25.29.1-3.421.3

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -3.3%
  • The company's stock price performance over the past 12 months beats the peer average by 97.8%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS014.218.6-0.729.8
Peer AvgN/A014.79.4-9.729.0
Fortis Inc.FTS014.218.6-0.729.8
Hawaiian Electric Industries, Inc.HE024.713.3-4.740.2
Huaneng Power International Inc. - ADRHNP05.2-3.7-23.817.0

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