Shares of Ferrexpo plc (LON:FXPO - Get Free Report) traded up 9.6% on Friday . The company traded as high as GBX 77.20 ($0.97) and last traded at GBX 75.70 ($0.96). 48,818,500 shares traded hands during trading, an increase of 881% from the average session volume of 4,974,403 shares. The stock had previously closed at GBX 69.10 ($0.87).
Ferrexpo Stock Down 1.1 %
The firm has a 50 day moving average price of GBX 99.27 and a 200-day moving average price of GBX 73.88. The firm has a market cap of £552.39 million, a price-to-earnings ratio of -9.99, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.11 and a quick ratio of 2.20.
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.
Featured Stories
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.