Ferrexpo plc (LON:FXPO - Get Free Report) rose 13.5% during trading on Saturday . The company traded as high as GBX 83.60 ($1.09) and last traded at GBX 83.50 ($1.08). Approximately 3,290,765 shares traded hands during trading, a decline of 48% from the average daily volume of 6,344,539 shares. The stock had previously closed at GBX 73.60 ($0.96).
Ferrexpo Stock Performance
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 firm has a market cap of £607.85 million, a price-to-earnings ratio of -11.00, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. The stock has a fifty day moving average price of GBX 90.02 and a 200 day moving average price of GBX 76.69.
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.
Recommended 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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
