Below is the annual 52-week low for New England Electric Systems (NES) from 1958 to 1967. We’ve also included the 3-month Treasury Bill as a comparison to show how utility stocks perform against the backdrop of rising interest rates.
In this example, the 3-month Treasury Bill increased from 1.77% to 4.31%. Meanwhile, New England Electric Systems (NES) had a 52-week low range from $14.50 to $23.50.