Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price hit a new 52-week low on Friday . The company traded as low as $21.02 and last traded at $21.10, with a volume of 177456 shares. The stock had previously closed at $21.90.
Fortescue Stock Down 3.7 %
The stock’s 50 day moving average price is $23.34 and its two-hundred day moving average price is $24.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.67 and a quick ratio of 2.10.
Fortescue Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 3rd will be paid a dividend of $0.6199 per share. The ex-dividend date of this dividend 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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