Shares of Ferrexpo plc (LON:FXPO – Get Free Report) crossed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 30.53 and traded as low as GBX 28.86. Ferrexpo shares last traded at GBX 29.42, with a volume of 1,493,420 shares traded.
Ferrexpo Trading Down 1.6%
The company has a debt-to-equity ratio of 1.41, a current ratio of 1.06 and a quick ratio of 2.20. The company has a market capitalization of £300.19 million, a price-to-earnings ratio of -3.98, a price-to-earnings-growth ratio of -0.18 and a beta of 0.63. The business has a fifty day moving average price of GBX 30.53 and a 200 day moving average price of GBX 37.62.
Ferrexpo Company Profile
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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