Fortescue Ltd (OTCMKTS:FSUGY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $19.75 and last traded at $20.38, with a volume of 131297 shares traded. The stock had previously closed at $20.01.
Fortescue Price 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 business's 50-day moving average is $23.06 and its 200-day moving average is $24.17.
Fortescue Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.6199 per share. The ex-dividend date of this dividend is Monday, March 3rd.
About Fortescue
(
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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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