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Ferrexpo (LON:FXPO) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

Ferrexpo logo with Basic Materials background

Shares of Ferrexpo plc (LON:FXPO - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 57.08 ($0.72) and traded as high as GBX 105.73 ($1.33). Ferrexpo shares last traded at GBX 104.60 ($1.32), with a volume of 736,808 shares trading hands.

Ferrexpo Stock Down 7.6 %

The business's 50 day moving average is GBX 75.25 and its 200 day moving average is GBX 57.08. The company has a quick ratio of 2.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.34. The company has a market cap of £577.80 million, a P/E ratio of -1,494.29, a P/E/G ratio of -0.18 and a beta of 1.26.

Ferrexpo Company Profile

(Get Free Report)

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.

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