Fortis Inc (NYSE:FTS) currently has a daily average trading volume of 618.86K but it saw 583663 shares traded in last market. With a market cap of 23.30B USD, the company’s current market price of $46.46 came falling about -0.19 while comparing to the previous closing price of $46.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.06 and as low as $38.15.
Taking a look at 20-day trading activity of Fortis Inc (FTS) gives us an average price of $48.33, while its current price level is -7.19% below from 52-week high level whereas it is 21.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $46.50 while that of 200 days or SMA-200 reads an average of $44.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.99% during that period while stretching the period over a month that decreases to 1.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.52 which implies that the stock is in neutral territory.
Over the week, FTS’s stock price is moving -6.63% down while it is -2.09% when we observe its performance for the past one month. Year-to-date it is 11.76% up and over the past year, the stock is showing an upside performance of 13.04%.
Currently, Fortis Inc’s total number of outstanding shares is 501.60M with 0.11% of that held by the insiders while 55.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.98% and return on equity (ROE) at 7.46%. It has a price to earnings ratio (P/E ratio) of 19.58 while having a 18.12 of forward P/E ratio. Stock’s beta reads 0.44. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 2.77. Its return on asset (ROA) is 2.43% on average.
