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 Price Performance

Shares of FXPO Stock traded up GBX 5.30 ($0.06) during trading hours on Thursday, hitting GBX 149.90 ($1.81). The company's stock had a trading volume of 623,767 shares, compared to its average volume of 2,118,079. The business has a fifty day moving average of GBX 137.67 and a 200-day moving average of GBX 168.71. The stock has a market cap of £882.35 million and a price-to-earnings ratio of 365.61. Ferrexpo has a twelve month low of GBX 105.50 ($1.27) and a twelve month high of GBX 399.40 ($4.83). The company has a current ratio of 4.22, a quick ratio of 2.20 and a debt-to-equity ratio of 0.31.

Ferrexpo Increases Dividend

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

Analysts Set New Price Targets

FXPO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Ferrexpo from GBX 210 ($2.54) to GBX 160 ($1.93) and set a "neutral" rating on the stock in a research note on Thursday, August 4th. Credit Suisse Group restated an "outperform" rating and set a GBX 250 ($3.02) target price on shares of Ferrexpo in a research report on Thursday, August 4th. Finally, Barclays restated 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 Activity

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