Below is the annual 52-week low for Florida Power Corp. from 1958 to 1968. We’ve also included the Effective Fed Funds Rate as a comparison to show how utility stocks perform against the backdrop of rising interest rates.
In this example, the Effective Fed Funds Rate increased from 2.42% to 6.02%. Meanwhile, Florida Power Corp. had a 52-week low range from $19 to $36.75.