Ferrexpo (LON:FXPO) Sets New 12-Month Low at $42.90

Ferrexpo plc (LON:FXPO)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 42.90 ($0.54) and last traded at GBX 43.24 ($0.55), with a volume of 1203085 shares changing hands. The stock had previously closed at GBX 43.72 ($0.55).

Ferrexpo Stock Performance

The firm has a fifty day simple moving average of GBX 72.19 and a 200 day simple moving average of GBX 75.65. The company has a current ratio of 5.86, a quick ratio of 2.20 and a debt-to-equity ratio of 0.31. The stock has a market cap of £261.15 million, a price-to-earnings ratio of 198.45, a PEG ratio of -0.18 and a beta of 1.39.

Ferrexpo Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th were issued a $0.03 dividend. The ex-dividend date of this dividend was Thursday, January 25th. This represents a dividend yield of 3.6%. Ferrexpo’s payout ratio is presently 1,363.64%.

Insider Transactions at Ferrexpo

In related news, insider Nikolay Kladiev bought 2,215 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was acquired at an average cost of GBX 43 ($0.54) per share, with a total value of £952.45 ($1,203.65). 49.99% of the stock is currently owned by insiders.

Ferrexpo Company Profile

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.