Fortis Inc. (NYSE:FTS) went down by -0.14% from its latest closing price compared to the recent 1-year high of $51.66. The company’s stock price has collected 2.59% of gains in the last five trading sessions.
Is It Worth Investing in Fortis Inc. (NYSE :FTS) Right Now?
Fortis Inc. (NYSE:FTS) scored a price-to-earnings ratio above its average ratio, recording 18.97 x from its present earnings ratio. Plus, the 36-month beta value for FTS is at 0.11.
The average price from analysts is $48.38, which is -$5.56 below the current price. FTS currently public float of 475.50M and currently shorts hold a 1.37% ratio of that float. Today, the average trading volume of FTS was 597.75K shares.
FTS’s Market Performance
FTS stocks went up by 2.59% for the week, with a monthly drop of -4.42% and a quarterly performance of 4.42%, while its annual performance rate touched 8.24%. The volatility ratio for the week stands at 2.28% while the volatility levels for the past 30 days are set at 1.65% for Fortis Inc.. The simple moving average for the period of the last 20 days is -1.08% for FTS stocks with a simple moving average of 5.53% for the last 200 days.
FTS Trading at 0.30% from the 50-Day Moving Average
After a stumble in the market that brought FTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.05% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares sank -3.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.00% upper at present.
During the last 5 trading sessions, FTS rose by +2.29%, which changed the moving average for the period of 200-days by +9.93% in comparison to the 20-day moving average, which settled at $49.49. In addition, Fortis Inc. saw 1.76% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FTS
Equity return is now at value 7.00, with 2.10 for asset returns.