Shares of Ferrexpo plc (
LON:FXPO -
Get Free Report) were up 12% during mid-day trading on Wednesday . The stock traded as high as GBX 59.90 ($0.81) and last traded at GBX 58.70 ($0.79). Approximately 7,615,593 shares traded hands during trading, an increase of 91% from the average daily volume of 3,983,499 shares. The stock had previously closed at GBX 52.40 ($0.71).
Ferrexpo Stock Performance
The firm's 50 day moving average price is GBX 48.68 and its 200-day moving average price is GBX 60.01. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.20 and a current ratio of 2.11. The firm has a market capitalization of £409.67 million, a PE ratio of -7.41, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26.
About Ferrexpo
(
Get Free Report)
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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