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Fortis Class H Preference drops on high volatility February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets


Fortis Inc. (TSX:FTS.PR.H), Canada's 34th largest Utilities - regulated company by market cap, traded between an intraday low of CAD18.79 and a high of CAD18.93. The average daily volatility of 0.8% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 0.7% equalled the average daily volatility, up from 0.1% on Friday and 0.3% on Thursday. The prefe...