Ferrexpo (LON:FXPO) Hits New 12-Month Low – Should You Sell?

Ferrexpo plc (LON:FXPO) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 29.66 and last traded at GBX 32.40, with a volume of 10779338 shares changing hands. The stock had previously closed at GBX 32.

Ferrexpo Trading Up 1.3%

The business has a 50-day moving average of GBX 51.34 and a 200 day moving average of GBX 60.72. The stock has a market cap of £190.64 million, a PE ratio of -0.63, a PEG ratio of -0.18 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.20 and a current ratio of 1.53.

About Ferrexpo

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a premium listing on the London Stock Exchange in the FTSE 250 index (ticker FXPO). The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when the Group’s iron ore pellets are converted into steel, compared to more commonly traded forms of iron ore.

Ferrexpo’s operations have been supplying the global steel industry for over 50 years, and in 2022 the Group produced 6.1 million tonnes of iron ore pellets, despite the war in Ukraine.