Ferrexpo plc (LON:FXPO - Get Free Report) shot up 15.4% during trading on Thursday . The company traded as high as GBX 55.20 ($0.74) and last traded at GBX 52.80 ($0.71). 15,397,059 shares traded hands during mid-day trading, an increase of 294% from the average session volume of 3,903,808 shares. The stock had previously closed at GBX 45.75 ($0.61).
Ferrexpo Trading Down 2.1%
The stock has a 50-day moving average of GBX 48.05 and a 200 day moving average of GBX 61.92. The stock has a market cap of £420.02 million, a PE ratio of -7.60, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. The company has a quick ratio of 2.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.33.
Ferrexpo Company Profile
(
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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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