Shares of Ferrexpo plc (LON:FXPO – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 30.75 and traded as high as GBX 31.62. Ferrexpo shares last traded at GBX 30.86, with a volume of 609,134 shares trading hands.
Ferrexpo Stock Performance
The company has a market cap of £316.78 million, a PE ratio of -4.20, a PEG ratio of -0.18 and a beta of 0.63. The company has a current ratio of 1.06, a quick ratio of 2.20 and a debt-to-equity ratio of 1.41. The business’s 50 day moving average is GBX 29.38 and its two-hundred day moving average is GBX 30.63.
About Ferrexpo
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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