Ferrexpo (LON:FXPO) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Shares of Ferrexpo plc (LON:FXPOGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 57.08 ($0.73) and traded as high as GBX 105.73 ($1.34). Ferrexpo shares last traded at GBX 104.60 ($1.33), with a volume of 736,808 shares changing hands.

Ferrexpo Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.20 and a current ratio of 2.11. The stock has a market cap of £625.65 million, a P/E ratio of -1,494.29, a P/E/G ratio of -0.18 and a beta of 1.26. The business’s 50-day moving average price is GBX 75.25 and its 200-day moving average price is GBX 57.08.

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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