Fortescue Metals G (FSUGY) Receives Average Recommendation of “Hold” from Analysts
Shares of Fortescue Metals G (NASDAQ:FSUGY) have been given an average rating of “Hold” by the six research firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company.
Separately, Zacks Investment Research cut shares of Fortescue Metals G from a “buy” rating to a “hold” rating in a research report on Tuesday, February 21st.
Fortescue Metals G (NASDAQ:FSUGY) traded up 1.40% during trading on Monday, reaching $7.26. 6,083 shares of the company’s stock were exchanged. The company has a market cap of $11.29 billion and a P/E ratio of 6.00. The stock’s 50-day moving average is $7.39 and its 200-day moving average is $8.95. Fortescue Metals G has a 12-month low of $4.74 and a 12-month high of $11.12.
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Fortescue Metals G Company Profile
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