Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price 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 changing hands. The stock had previously closed at $19.72.
Fortescue Stock Performance
The company has a quick ratio of 2.10, a current ratio of 2.67 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average is $22.36 and its 200 day moving average is $23.80.
Fortescue Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Monday, March 3rd will be given a $0.6199 dividend. The ex-dividend date is Monday, March 3rd.
About Fortescue
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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