Ferrexpo (LON:FXPO) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Ferrexpo plc (LON:FXPOGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 47.92 ($0.62) and traded as high as GBX 65.30 ($0.85). Ferrexpo shares last traded at GBX 65.10 ($0.84), with a volume of 3,208,539 shares changing hands.

Ferrexpo Stock Performance

The stock has a market cap of £387.00 million, a PE ratio of -924.29, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. The business has a 50 day moving average price of GBX 46.75 and a two-hundred day moving average price of GBX 48.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.11 and a quick ratio of 2.20.

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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