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

Shares of Ferrexpo plc (LON:FXPOGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 59.10 ($0.74) and traded as high as GBX 110 ($1.38). Ferrexpo shares last traded at GBX 108.64 ($1.36), with a volume of 697,721 shares trading hands.

Ferrexpo Stock Performance

The company has a market cap of £649.79 million, a price-to-earnings ratio of -1,551.93, a PEG ratio of -0.18 and a beta of 1.26. The firm’s 50 day simple moving average is GBX 81.04 and its 200-day simple moving average is GBX 59.10. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.20 and a current ratio of 2.11.

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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