Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $19.39 and last traded at $19.62, with a volume of 255572 shares changing hands. The stock had previously closed at $19.73.
Fortescue Trading Up 0.7 %
The stock has a fifty day simple moving average of $22.83 and a 200-day simple moving average of $24.04. 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 business also recently announced a dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 3rd will be given a dividend of $0.6199 per share. The ex-dividend date 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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