Ferrexpo plc (LON:FXPO) Insider Buys £4,985.76 in Stock

Ferrexpo plc (LON:FXPOGet Rating) insider Fiona MacAulay acquired 3,536 shares of the stock in a transaction dated Thursday, August 4th. The shares were bought at an average price of GBX 141 ($1.73) per share, with a total value of £4,985.76 ($6,109.25).

Ferrexpo Trading Up 7.1 %

Shares of Ferrexpo stock opened at GBX 148.80 ($1.82) on Friday. The firm has a 50-day simple moving average of GBX 144.80 and a two-hundred day simple moving average of GBX 174.96. The company has a market cap of £875.87 million and a P/E ratio of 122.98. Ferrexpo plc has a fifty-two week low of GBX 105.50 ($1.29) and a fifty-two week high of GBX 456.07 ($5.59). The company has a debt-to-equity ratio of 2.75, a quick ratio of 1.79 and a current ratio of 2.98.

Ferrexpo Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 28th. Shareholders of record on Thursday, June 9th were given a $0.13 dividend. The ex-dividend date of this dividend was Thursday, June 9th. This represents a dividend yield of 5.87%. This is an increase from Ferrexpo’s previous dividend of $0.07. Ferrexpo’s dividend payout ratio is 49.09%.

Analyst Ratings Changes

A number of research analysts recently issued reports on FXPO shares. Barclays restated an “equal weight” rating and set a GBX 215 ($2.63) target price on shares of Ferrexpo in a research report on Thursday. Credit Suisse Group restated an “outperform” rating and set a GBX 250 ($3.06) target price on shares of Ferrexpo in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Ferrexpo from GBX 210 ($2.57) to GBX 160 ($1.96) and set a “neutral” rating for the company in a research report on Thursday. Finally, Liberum Capital restated a “buy” rating and set a GBX 390 ($4.78) target price on shares of Ferrexpo in a research report on Friday, April 8th.

About Ferrexpo

(Get Rating)

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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