Fortescue Ltd (OTCMKTS:FSUGY - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $19.39 and last traded at $19.62, with a volume of 255572 shares. The stock had previously closed at $19.73.
Fortescue Stock Performance
The company has a fifty day simple moving average of $22.94 and a 200 day simple moving average of $24.10. The company has a quick ratio of 2.10, a current ratio of 2.67 and a debt-to-equity ratio of 0.27.
Fortescue Cuts Dividend
The company also recently declared 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
(
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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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