In the Green: Fortis Inc. (FTS) Closes at 43.60, Up/Down -0.11 from Previous Day

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In the latest session, Fortis Inc. (NYSE: FTS) closed at $43.60 down -0.11% from its previous closing price of $43.65. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 0.5 million shares were traded. FTS stock price reached its highest trading level at $43.82 during the session, while it also had its lowest trading level at $43.33.

Ratios:

For a deeper understanding of Fortis Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.28.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTS now has a Market Capitalization of 21626689536 and an Enterprise Value of 56267718656. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.51, and their Forward P/E ratio for the next fiscal year is 17.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 4.939 whereas that against EBITDA is 10.981.

Stock Price History:

Over the past 52 weeks, FTS has reached a high of $46.06, while it has fallen to a 52-week low of $36.86. The 50-Day Moving Average of the stock is -1.10%, while the 200-Day Moving Average is calculated to be 6.83%.

Shares Statistics:

For the past three months, FTS has traded an average of 632.39K shares per day and 605750 over the past ten days. A total of 495.20M shares are outstanding, with a floating share count of 494.53M. Insiders hold about 0.13% of the company’s shares, while institutions hold 58.49% stake in the company. Shares short for FTS as of 1726185600 were 10434969 with a Short Ratio of 16.50, compared to 1723680000 on 15458726.

Dividends & Splits

According to the company, the forward annual dividend rate for FTS is 1.73, from 2.335 in the trailing year. Against a Trailing Annual Dividend Yield of 0.053493697The stock’s 5-year Average Dividend Yield is 3.78.

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