Ferrexpo (LON:FXPO) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Ferrexpo plc (LON:FXPO)’s share price passed 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 changing hands.

Ferrexpo Stock Down 0.4 %

The firm has a market capitalization of £495.86 million, a price-to-earnings ratio of -1,184.29, a PEG ratio of -0.18 and a beta of 1.26. The business’s fifty day moving average price is GBX 51.56 and its 200 day moving average price is GBX 49.81. The company has a current ratio of 2.11, a quick ratio of 2.20 and a debt-to-equity ratio of 0.34.

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.