Fortescue Ltd (OTCMKTS:FSUGY - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $19.12 and last traded at $19.47, with a volume of 222019 shares trading hands. The stock had previously closed at $19.72.
Fortescue Stock Down 3.5 %
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 $21.99 and its two-hundred day simple moving average is $23.69.
Fortescue Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 3rd will be given a $0.6199 dividend. The ex-dividend date 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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