Ferrexpo (LON:FXPO) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Ferrexpo plc (LON:FXPO) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 49.81 ($0.63) and traded as high as GBX 83.10 ($1.05). Ferrexpo shares last traded at GBX 82.90 ($1.04), with a volume of 1,825,625 shares traded.

Ferrexpo Price Performance

The stock has a market capitalization of £495.86 million, a price-to-earnings ratio of -1,184.29, a P/E/G ratio of -0.18 and a beta of 1.26. The company has a quick ratio of 2.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average of GBX 51.56 and a 200-day moving average of GBX 49.81.

Ferrexpo Company Profile

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.