Stocks to Watch: Fortis Inc. (TSX:FTS) Down -1.34%

At close of market on Tuesday, Fortis Inc. (TSX:FTS) stock finished trading at -1.34%, bringing the stock price to $52.24 on the Toronto Stock Exchange. The stock price saw a low of $52.15 and a high of $52.58.

The company’s stock was traded 4,429 times with a total of 693,413 shares traded.

Fortis Inc. has a market cap of $22.51 billion, with 432.13 million shares in issue.

Fortis owns and operates utility transmission and distribution assets in Canada and the United States, serving more than 2.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. ITC operates electric transmission in eight U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.

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