Fortescue Ltd (OTCMKTS:FSUMF – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.84 and traded as low as $13.74. Fortescue shares last traded at $13.96, with a volume of 113,335 shares traded.
Fortescue Price Performance
The firm has a fifty day moving average of $12.24 and a 200 day moving average of $14.82.
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 owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia.
See Also
- Five stocks we like better than Fortescue
- Canada Bond Market Holiday: How to Invest and Trade
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Technology Stocks Explained: Here’s What to Know About Tech
- CarMax’s Impressive Rally: What Investors Should Watch Next
- How to Read Stock Charts for Beginners
- MarketBeat Week in Review – 9/23 – 9/27
Receive News & Ratings for Fortescue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortescue and related companies with MarketBeat.com's FREE daily email newsletter.