Ferrexpo Plc (FXPO) Insider Buys £6,232.24 in Stock

Ferrexpo Plc (LON:FXPO) insider Christopher Mawe bought 2,872 shares of the business’s stock in a transaction dated Tuesday, May 14th. The stock was purchased at an average price of GBX 217 ($2.84) per share, for a total transaction of £6,232.24 ($8,143.53).

Christopher Mawe also recently made the following trade(s):

  • On Thursday, April 25th, Christopher Mawe sold 150,000 shares of Ferrexpo stock. The stock was sold at an average price of GBX 268 ($3.50), for a total transaction of £402,000 ($525,284.20).

Shares of FXPO stock opened at GBX 219.90 ($2.87) on Thursday. Ferrexpo Plc has a 52 week low of GBX 138 ($1.80) and a 52 week high of GBX 305.60 ($3.99). The firm has a market capitalization of $1.29 billion and a P/E ratio of 3.88. The company has a quick ratio of 0.64, a current ratio of 1.21 and a debt-to-equity ratio of 46.36.

The firm also recently declared a dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 13th will be paid a $0.07 dividend. This represents a yield of 1.85%. The ex-dividend date of this dividend is Thursday, June 13th. Ferrexpo’s payout ratio is 0.18%.

Several brokerages have recently issued reports on FXPO. Barclays restated an “overweight” rating on shares of Ferrexpo in a report on Wednesday, May 8th. Deutsche Bank raised their target price on shares of Ferrexpo from GBX 270 ($3.53) to GBX 310 ($4.05) and gave the stock a “buy” rating in a report on Wednesday, April 10th. HSBC raised their target price on shares of Ferrexpo from GBX 310 ($4.05) to GBX 340 ($4.44) and gave the stock a “buy” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. cut shares of Ferrexpo to a “neutral” rating in a report on Wednesday, April 3rd. Finally, Liberum Capital upgraded shares of Ferrexpo to a “buy” rating and raised their target price for the stock from GBX 185 ($2.42) to GBX 250 ($3.27) in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 305 ($3.99).

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Ferrexpo Company Profile

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.

See Also: What is Net Asset Value (NAV)?

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