RE:Share priceI just have a quick look at what you are talking about.
The debt was $ 6 211 700 000 at the end of 2021
They have an '' ocean'' of share issued or 671 960 271 shares
or a debt/share = $ 9,25 /share
Most probably what the shareholders are taking note and may be questioning the yield or 6,2 % and think about a cut in the coming months.
Not sure but the interest cost was $ 200 M for 2021 and increasing interesi
Stock is trading at $ 15,16 and I'm not and will not push the ''buy''button !
Another note on Fortis a company that have increased their dividend every year for over a ''century'' and still announced this morning another increase and the share down $ 1,72 today and a downward plunge from $ 64 in May to $ 53 now in just 4 months.
Quite obvious that the name of the game in ''CASH'' but probably too late and ''endure''