Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as $19.75 and last traded at $20.38, with a volume of 131297 shares trading hands. The stock had previously closed at $20.01.
Fortescue Stock Up 1.9 %
The company has a debt-to-equity ratio of 0.27, a current ratio of 2.67 and a quick ratio of 2.10. The stock’s 50 day simple moving average is $23.06 and its 200-day simple moving average is $24.16.
Fortescue Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 3rd will be paid a $0.6199 dividend. The ex-dividend date is 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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