Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as $19.75 and last traded at $20.38, with a volume of 131297 shares. The stock had previously closed at $20.01.
Fortescue Stock Performance
The stock’s fifty day moving average price is $23.18 and its 200 day moving average price is $24.21. 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 firm also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Monday, March 3rd will be paid 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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