Ferrexpo plc (LON:FXPO - Get Free Report)'s share price dropped 10.8% on Saturday . The stock traded as low as GBX 63.40 ($0.82) and last traded at GBX 63.40 ($0.82). Approximately 8,048,919 shares were traded during mid-day trading, an increase of 31% from the average daily volume of 6,153,324 shares. The stock had previously closed at GBX 71.10 ($0.92).
Ferrexpo Trading Up 0.5 %
The firm has a market capitalization of £459.22 million, a price-to-earnings ratio of -8.31, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. The business's fifty day moving average is GBX 87.05 and its 200 day moving average is GBX 77.66. The company has a quick ratio of 2.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.33.
Ferrexpo (LON:FXPO - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The iron ore producer reported GBX (8.51) (($0.11)) earnings per share (EPS) for the quarter. Ferrexpo had a negative net margin of 6.50% and a negative return on equity of 5.13%. Equities analysts predict that Ferrexpo plc will post 3.7897311 earnings per share for the current year.
Ferrexpo Company Profile
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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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