Ferrexpo (LON:FXPO) Hits New 12-Month Low at $143.04

Ferrexpo Plc (LON:FXPO)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 143.04 ($1.87) and last traded at GBX 147.35 ($1.93), with a volume of 393977 shares. The stock had previously closed at GBX 147.70 ($1.93).

Several equities analysts recently commented on FXPO shares. Liberum Capital restated a “buy” rating on shares of Ferrexpo in a research report on Tuesday, July 16th. Shore Capital restated a “not rated” rating on shares of Ferrexpo in a research report on Tuesday, October 8th. Bank of America restated an “underperform” rating and set a GBX 150 ($1.96) target price on shares of Ferrexpo in a research report on Tuesday, October 8th. JPMorgan Chase & Co. reduced their target price on Ferrexpo from GBX 270 ($3.53) to GBX 250 ($3.27) and set a “neutral” rating for the company in a research report on Thursday, September 12th. Finally, Deutsche Bank reduced their target price on Ferrexpo from GBX 250 ($3.27) to GBX 200 ($2.61) and set a “hold” rating for the company in a research report on Thursday, October 3rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 239.29 ($3.13).

The business has a fifty day moving average price of GBX 184.86 and a 200-day moving average price of GBX 234.12. The company has a current ratio of 2.08, a quick ratio of 1.12 and a debt-to-equity ratio of 34.27. The stock has a market capitalization of $842.62 million and a PE ratio of 1.87.

In other news, insider Christopher Mawe acquired 3,503 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was purchased at an average cost of GBX 195 ($2.55) per share, for a total transaction of £6,830.85 ($8,925.72).

Ferrexpo Company Profile (LON:FXPO)

Ferrexpo Plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry worldwide. The company 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 on international sea routes.

Further Reading: Channel Trading

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