Ferrexpo plc (LON:FXPO - Get Free Report) rose 15.4% on Thursday . The company traded as high as GBX 55.20 ($0.74) and last traded at GBX 52.80 ($0.71). Approximately 15,397,059 shares were traded during trading, an increase of 294% from the average daily volume of 3,903,808 shares. The stock had previously closed at GBX 45.75 ($0.61).
Ferrexpo Trading Down 2.1%
The firm has a market capitalization of £420.02 million, a PE ratio of -7.60, a PEG ratio of -0.18 and a beta of 1.26. 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 business has a fifty day moving average price of GBX 48.05 and a two-hundred day moving average price of GBX 61.92.
About Ferrexpo
(
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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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