Free Trial

Ferrexpo (LON:FXPO) Trading 9.8% Higher - What's Next?

Ferrexpo logo with Basic Materials background

Key Points

  • Shares of Ferrexpo plc rose by 9.8%, with approximately 8.44 million shares traded, significantly above its average daily volume of 3.93 million shares.
  • The company has a market cap of £428.90 million and a PE ratio of -7.76, which indicates potential volatility in earnings.
  • Ferrexpo produces high-grade iron ore pellets that contribute to reduced carbon emissions for steel production, with a reported output of 6.1 million tonnes in 2022 despite challenges due to the war in Ukraine.
  • Looking to export and analyze Ferrexpo data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Ferrexpo plc (LON:FXPO - Get Free Report) shot up 9.8% during mid-day trading on Saturday . The company traded as high as GBX 60.91 ($0.82) and last traded at GBX 58 ($0.78). 8,444,530 shares traded hands during mid-day trading, an increase of 115% from the average session volume of 3,933,069 shares. The stock had previously closed at GBX 52.80 ($0.71).

Ferrexpo Price Performance

The firm has a market capitalization 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 debt-to-equity ratio of 0.33, a quick ratio of 2.20 and a current ratio of 2.11. The business's 50 day moving average is GBX 47.94 and its two-hundred day moving average is GBX 62.26.

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.

Read More

Should You Invest $1,000 in Ferrexpo Right Now?

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

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines