On a relative basis, the stock has outperformed the S&P 500 by 0.1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.11% and the stock has fallen -1.49% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.58% and the fifty day Moving Average is 0.33%. ITC Holdings Corp. is up 3.68% in the last three month period. Year-to-Date the stock performance stands at 18.75%.
ITC Holdings (ITC) stock is expected to deviate a maximum of $5.77 from the average target price of $43.67 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $47 and the most muted being $37.
ITC Holdings (NYSE:ITC): On Fridays trading session , Opening price of the stock was $46.72 with an intraday high of $46.97. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.04. However, the stock managed to close at $46.2, a loss of 1.24% for the day. On the previous day, the stock had closed at $46.78. The total traded volume of the day was 450,241 shares.
ITC Holdings Corp. is an independent electricity transmission company in the United States. The Company operates, maintains and invests in transmission infrastructure. The Companys customers include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. Its regional infrastructure includes four North Central Multi-Value Projects (MVPs) and the Thumb Loop Project. The Companys subsidiaries operations include asset planning; engineering, design and construction; maintenance, and real time operations. The Asset Planning group uses system models and load forecasts to develop its system expansion capital plans. The Engineering, Design and Construction group is engaged in the design, equipment specifications, maintenance plans and project engineering for capital, operation and maintenance work. The Company develops and tracks preventive maintenance plans. Its real time operations include system and local balancing authoring operations.