Ferrexpo plc (
LON:FXPO -
Get Free Report)'s stock price was up 6.7% during mid-day trading on Friday . The stock traded as high as GBX 57.50 ($0.77) and last traded at GBX 57.20 ($0.77). Approximately 20,005,512 shares were traded during mid-day trading, an increase of 419% from the average daily volume of 3,857,472 shares. The stock had previously closed at GBX 53.60 ($0.72).
Ferrexpo Price Performance
The company has a debt-to-equity ratio of 0.33, a current ratio of 2.11 and a quick ratio of 2.20. The company has a 50-day moving average price of GBX 53.97 and a 200-day moving average price of GBX 53.03. The firm has a market capitalization of £348.31 million, a PE ratio of -115.50, a P/E/G ratio of -0.18 and a beta of 1.26.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ferrexpo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrexpo wasn't on the list.
While Ferrexpo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.