Fortescue Ltd. Sponsored ADR (OTCMKTS:FSUGY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $27.21 and last traded at $27.21, with a volume of 2178 shares. The stock had previously closed at $26.28.
Wall Street Analyst Weigh In
FSUGY has been the subject of a number of recent research reports. Macquarie cut shares of Fortescue from a "hold" rating to a "strong sell" rating in a research note on Thursday, July 24th. Royal Bank Of Canada downgraded shares of Fortescue from a "moderate buy" rating to a "hold" rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Fortescue currently has a consensus rating of "Hold".
Check Out Our Latest Analysis on FSUGY
Fortescue Price Performance
The company's 50-day moving average price is $25.30 and its two-hundred day moving average price is $22.47. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.84 and a current ratio of 2.43.
Fortescue Dividend Announcement
The business also recently declared a dividend, which was paid on Friday, October 3rd. Shareholders of record on Monday, September 8th were issued a dividend of $0.758 per share. This represents a yield of 555.0%. The ex-dividend date was Friday, September 5th.
Fortescue Company Profile
(
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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.
Further Reading
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