Ferrexpo plc (LON:FXPO - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 67.65 ($0.84) and traded as high as GBX 108.40 ($1.34). Ferrexpo shares last traded at GBX 105.60 ($1.30), with a volume of 2,346,248 shares traded.
Ferrexpo Price Performance
The company's 50 day moving average price is GBX 98.89 and its 200-day moving average price is GBX 68.06. The stock has a market cap of £635.22 million, a P/E ratio of -1,517.14, a P/E/G ratio of -0.18 and a beta of 1.26. The company has a quick ratio of 2.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.34.
Ferrexpo Company Profile
(
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.
Read More
Before you consider Ferrexpo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrexpo wasn't on the list.
While Ferrexpo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
