Ferrexpo plc (
LON:FXPO -
Get Free Report)'s stock price rose 14.5% on Thursday . The company traded as high as GBX 52.40 ($0.70) and last traded at GBX 52.40 ($0.70). Approximately 20,056,133 shares traded hands during mid-day trading, an increase of 410% from the average daily volume of 3,934,459 shares. The stock had previously closed at GBX 45.75 ($0.61).
Ferrexpo Stock Up 17.4%
The company has a market capitalization of £397.10 million, a price-to-earnings ratio of -7.18, a P/E/G 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. The firm has a 50 day moving average price of GBX 48.10 and a two-hundred day moving average price of GBX 63.70.
Ferrexpo Company Profile
(
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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