Ferrexpo plc (LON:FXPO - Get Free Report)'s share price traded down 10% during mid-day trading on Wednesday . The company traded as low as GBX 69.50 ($0.90) and last traded at GBX 73.40 ($0.95). 22,905,299 shares were traded during mid-day trading, an increase of 253% from the average session volume of 6,484,337 shares. The stock had previously closed at GBX 81.60 ($1.05).
Ferrexpo Stock Down 10.8 %
The business has a fifty day simple moving average of GBX 88.32 and a two-hundred day simple moving average of GBX 77.41. The company has a current ratio of 2.11, a quick ratio of 2.20 and a debt-to-equity ratio of 0.33. The company has a market cap of £468.83 million, a PE ratio of -8.48, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26.
Ferrexpo (LON:FXPO - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The iron ore producer reported GBX (8.51) (($0.11)) earnings per share for the quarter. Ferrexpo had a negative net margin of 6.50% and a negative return on equity of 5.13%. As a group, equities research analysts predict that Ferrexpo plc will post 3.7897311 earnings per share for the current year.
About Ferrexpo
(
Get Free Report)
Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a premium listing on the London Stock Exchange in the FTSE 250 index (ticker FXPO). The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when the Group's iron ore pellets are converted into steel, compared to more commonly traded forms of iron ore.
Ferrexpo's operations have been supplying the global steel industry for over 50 years, and in 2022 the Group produced 6.1 million tonnes of iron ore pellets, despite the war in Ukraine.
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