Ferrexpo (LON:FXPO) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Ferrexpo plc (LON:FXPOGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Price Performance

The company’s 50 day simple moving average is GBX 46.75 and its two-hundred day simple moving average is 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. The stock has a market capitalization of £387.00 million, a P/E ratio of -924.29, a PEG ratio of -0.18 and a beta of 1.26.

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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