Ferrexpo plc (LON:FXPO – Get Free Report) shares were up 13.5% during mid-day trading on Saturday . The stock traded as high as GBX 83.60 ($1.08) and last traded at GBX 83.50 ($1.08). Approximately 3,290,765 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 6,344,539 shares. The stock had previously closed at GBX 73.60 ($0.95).
Ferrexpo Price Performance
The company has a 50 day simple moving average of GBX 90.59 and a 200-day simple moving average of GBX 76.47. The stock has a market cap of £617.46 million, a price-to-earnings ratio of -11.17, a P/E/G ratio of -0.18 and a beta of 1.26. The company has a current ratio of 2.11, a quick ratio of 2.20 and a debt-to-equity ratio of 0.33.
Ferrexpo Company Profile
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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