Shares of Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report) traded down 1.1% on Thursday . The company traded as low as $24.77 and last traded at $24.97. 95,486 shares traded hands during trading, an increase of 41% from the average session volume of 67,705 shares. The stock had previously closed at $25.24.
Fortescue Stock Performance
The company has a current ratio of 2.67, a quick ratio of 2.10 and a debt-to-equity ratio of 0.27. The stock has a 50 day moving average price of $25.24 and a two-hundred day moving average price of $28.47.
Fortescue Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 9th were paid a dividend of $1.1851 per share. The ex-dividend date of this dividend was Monday, September 9th.
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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