Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as $16.41 and last traded at $18.66, with a volume of 577394 shares traded. The stock had previously closed at $17.38.
Fortescue Stock Performance
The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.10 and a current ratio of 2.67. The company’s 50 day moving average price is $21.47 and its two-hundred day moving average price is $23.50.
Fortescue Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Monday, March 3rd were paid a $0.6199 dividend. The ex-dividend date was Monday, March 3rd.
Fortescue Company Profile
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia.
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