Ferrexpo (LON:FXPO) Trading 10.3% Higher – Should You Buy?

Ferrexpo plc (LON:FXPOGet Free Report)’s share price shot up 10.3% on Wednesday . The company traded as high as GBX 65.47 ($0.85) and last traded at GBX 65.10 ($0.84). 3,197,441 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 1,982,074 shares. The stock had previously closed at GBX 59 ($0.77).

Ferrexpo Stock Performance

The stock has a market cap of £407.93 million, a PE ratio of -924.29, a P/E/G ratio of -0.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.11 and a quick ratio of 2.20. The stock has a 50-day simple moving average of GBX 46.75 and a 200-day simple moving average of GBX 48.21.

Ferrexpo Company Profile

(Get Free Report)

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.

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