Ferrexpo (LON:FXPO) Trading 13.3% Higher – Should You Buy?

Ferrexpo plc (LON:FXPO)’s stock price shot up 13.3% on Thursday . The stock traded as high as GBX 84.04 and last traded at GBX 78.50. 9,049,377 shares changed hands during trading, an increase of 285% from the average session volume of 2,348,607 shares. The stock had previously closed at GBX 69.30.

Key Ferrexpo News

Here are the key news stories impacting Ferrexpo this week:

• Positive Sentiment: Volume and technicals: FXPO saw substantially above‑average volume while the share price sits above the 50‑day (GBX 69.60) and 200‑day (GBX 58.53) moving averages — a short‑term bullish technical setup that likely attracted buyers. MarketBeat FXPO Trade Data
• Positive Sentiment: Balance‑sheet strength: Ferrexpo shows healthy liquidity ratios (quick ratio ~2.20, current ratio ~2.11) and modest leverage (debt/equity ~0.33), which reduces financial stress risk and can support investor confidence in cyclical downturns. MarketBeat Financials
• Neutral Sentiment: Valuation and market size: The company’s market cap (~£476m) and negative PE reflect ongoing losses or unusual earnings dynamics; these metrics make FXPO more of a speculative/cyclical play rather than a stable income story.
• Neutral Sentiment: Price range and momentum context: FXPO’s 12‑month range (GBX 41.30–115) shows high volatility — while current positioning above moving averages is constructive, the stock has wide historical swings that can work both ways.
• Negative Sentiment: Commodity and geopolitical exposure: Ferrexpo’s earnings are sensitive to iron‑ore prices and regional/geopolitical risks affecting production or logistics; adverse moves in commodity markets or disruption to supply chains would pressure revenue and the share price.
• Negative Sentiment: Earnings and profitability: The negative PE and PEG ratios signal the company is not currently producing consistent profits, which increases sensitivity to commodity cycles and investor sentiment — bad news on volumes or prices could quickly reverse gains.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reissued a “hold” rating and set a GBX 53 price target on shares of Ferrexpo in a research report on Monday, November 10th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 53.

Ferrexpo Trading Up 3.1%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.20 and a current ratio of 2.11. The firm has a market cap of £476.01 million, a price-to-earnings ratio of -1.58, a PEG ratio of -0.18 and a beta of 1.26. The business has a fifty day simple moving average of GBX 70.22 and a 200-day simple moving average of GBX 58.76.

Ferrexpo Company Profile

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.