Fortis 1st Cum Preferred Stock Number Of Shares Shorted
| FTS-PF Preferred Stock | CAD 22.22 0.06 0.27% |
Fortis 1St Cum fundamentals help investors to digest information that contributes to Fortis 1St's financial success or failures. It also enables traders to predict the movement of Fortis Preferred Stock. The fundamental analysis module provides a way to measure Fortis 1St's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortis 1St preferred stock.
Fortis |
Fortis 1St Cum Company Number Of Shares Shorted Analysis
Fortis 1St's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Fortis 1St Number Of Shares Shorted | 6.86 K |
Most of Fortis 1St's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortis 1St Cum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Fortis 1St Cum has 6.86 K of outstending shares currently sold short by investors. This is 99.74% lower than that of the Utilities sector and 99.88% lower than that of the Utilities - Regulated Electric industry. The number of shares shorted for all Canada preferred stocks is 99.85% higher than that of the company.
Fortis Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortis 1St's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Fortis 1St could also be used in its relative valuation, which is a method of valuing Fortis 1St by comparing valuation metrics of similar companies.Fortis 1St is currently under evaluation in number of shares shorted category among its peers.
Fortis Fundamentals
| Return On Equity | 0.0692 | ||||
| Return On Asset | 0.029 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 39.99 B | ||||
| Shares Outstanding | 426.6 M | ||||
| Shares Owned By Institutions | 8.64 % | ||||
| Number Of Shares Shorted | 6.86 K | ||||
| Price To Earning | 6.21 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 11.04 B | ||||
| Gross Profit | 4.41 B | ||||
| EBITDA | 4.57 B | ||||
| Net Income | 1.39 B | ||||
| Cash And Equivalents | 191 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 25.93 B | ||||
| Debt To Equity | 125.00 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 40.25 X | ||||
| Cash Flow From Operations | 3.07 B | ||||
| Short Ratio | 2.38 X | ||||
| Earnings Per Share | 2.59 X | ||||
| Number Of Employees | 9.24 K | ||||
| Beta | 0.17 | ||||
| Market Capitalization | 21 B | ||||
| Total Asset | 64.25 B | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 5.23 % | ||||
| Net Asset | 64.25 B | ||||
| Last Dividend Paid | 2.17 |
About Fortis 1St Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortis 1St Cum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortis 1St using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortis 1St Cum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Fortis Preferred Stock
Fortis 1St financial ratios help investors to determine whether Fortis Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortis with respect to the benefits of owning Fortis 1St security.