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Ferrexpo (LON:FXPO) Shares Pass Above 200-Day Moving Average - What's Next?

Ferrexpo logo with Basic Materials background

Ferrexpo plc (LON:FXPO - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 47.92 ($0.62) and traded as high as GBX 65.30 ($0.85). Ferrexpo shares last traded at GBX 65.10 ($0.84), with a volume of 3,208,539 shares traded.

Ferrexpo Stock Performance

The firm has a 50 day moving average of GBX 46.01 and a two-hundred day moving average of GBX 47.92. The stock has a market cap of £402.55 million, a PE ratio of -942.00, a PEG ratio of -0.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.11 and a quick ratio of 2.20.

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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