Fortescue Ltd (OTCMKTS:FSUGY - Get Free Report)'s stock price fell 1.9% during mid-day trading on Wednesday . The company traded as low as $24.27 and last traded at $24.50. 79,092 shares were traded during trading, a decline of 26% from the average session volume of 107,493 shares. The stock had previously closed at $24.98.
Fortescue Price Performance
The business has a fifty day moving average price of $23.42 and a 200-day moving average price of $24.33. The company has a current ratio of 2.67, a quick ratio of 2.10 and a debt-to-equity ratio of 0.27.
Fortescue Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Monday, March 3rd will be issued 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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