Ferrexpo (LON:FXPO) Shares Cross Above 200 Day Moving Average – What’s Next?

Ferrexpo plc (LON:FXPOGet Free Report) 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.

Ferrexpo Stock Performance

The stock has a market cap of £495.86 million, a P/E ratio of -1,184.29, a P/E/G ratio of -0.18 and a beta of 1.26. The firm has a 50 day moving average of GBX 52.37 and a two-hundred day moving average of GBX 50.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.20 and a current ratio of 2.11.

About Ferrexpo

(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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