Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price traded down 1.9% during trading on Wednesday . The company traded as low as $24.27 and last traded at $24.50. 79,092 shares traded hands during trading, a decline of 26% from the average session volume of 107,493 shares. The stock had previously closed at $24.98.
Fortescue Price 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 company has a fifty day moving average price of $23.51 and a two-hundred day moving average price of $24.34.
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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