Ferrexpo - FXPO Share Forecast, Price & News

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services. The company also offers finance, management, procurement, transportation, marketing, shipping, barging, and port services. It has operation in Europe, North East Asia, China, South East Asia, Turkey, the Middle East, North Africa, and internationally. The company was incorporated in 2005 and is headquartered in Baar, Switzerland. Ferrexpo Plc is a subsidiary of Fevamotinico S.a.r.l.

Ferrexpo Trading Up 0.8 %

Ferrexpo stock opened at GBX 141.44 ($1.71) on Tuesday. The stock has a 50-day moving average price of GBX 141.01 and a 200 day moving average price of GBX 170.44. The company has a market capitalization of £832.54 million and a price-to-earnings ratio of 342.20. Ferrexpo has a 52 week low of GBX 105.50 ($1.27) and a 52 week high of GBX 400.60 ($4.84). The company has a quick ratio of 2.20, a current ratio of 4.22 and a debt-to-equity ratio of 0.31.

Ferrexpo Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, June 28th. Stockholders of record on Thursday, June 9th were issued a $0.13 dividend. This is an increase from Ferrexpo's previous dividend of $0.07. This represents a dividend yield of 5.87%. The ex-dividend date was Thursday, June 9th. Ferrexpo's dividend payout ratio is 144.88%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. decreased their price target on Ferrexpo from GBX 210 ($2.54) to GBX 160 ($1.93) and set a "neutral" rating for the company in a research note on Thursday, August 4th. Credit Suisse Group reaffirmed an "outperform" rating and issued a GBX 250 ($3.02) price objective on shares of Ferrexpo in a research report on Thursday, August 4th. Finally, Barclays reissued an "equal weight" rating and set a GBX 215 ($2.60) target price on shares of Ferrexpo in a research report on Thursday, August 4th.

Insider Transactions at Ferrexpo

In other news, insider Fiona MacAulay purchased 3,536 shares of the stock in a transaction that occurred on Thursday, August 4th. The shares were purchased at an average cost of GBX 141 ($1.70) per share, with a total value of £4,985.76 ($6,024.36).