Ferrexpo (LON:FXPO) Shares Up 13.3% - Here's What Happened

Shares of Ferrexpo plc (LON:FXPO - Get Free Report) traded up 13.3% on Thursday . The company traded as high as GBX 84.04 and last traded at GBX 78.50. 9,049,377 shares traded 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 NewsHere are the key news stories impacting Ferrexpo this week: Neutral Sentiment: Full article text (copy/paste). Neutral Sentiment: Links to the articles (one per line). Neutral Sentiment: Titles + short excerpts if you prefer. Analyst Upgrades and DowngradesSeparately, Peel Hunt reiterated a "hold" rating and set a GBX 53 price target on shares of Ferrexpo in a report on Monday, November 10th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ferrexpo has a consensus rating of "Hold" and a consensus price target of GBX 53.Check Out Our Latest Stock Analysis on FerrexpoFerrexpo Price PerformanceThe company has a debt-to-equity ratio of 0.33, a current ratio of 2.11 and a quick ratio of 2.20. The company's 50 day simple moving average is GBX 69.05 and its 200 day simple moving average is GBX 58.39. The company has a market capitalization of £461.89 million, a PE ratio of -1.53, a price-to-earnings-growth ratio of -0.18 and a beta of 1.26. About Ferrexpo (Get Free Report)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.Featured StoriesFive stocks we like better than FerrexpoFollow Kevin O'Leary into the private marketsThe Crash Has Already Started (Most Just Don’t See It Yet)Trump’s AI Secret: 100X Faster Than NvidiaTrump Planning to Use Public Law 63-43: Prepare NowYour Bank Account Is No Longer SafeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Ferrexpo Right Now?Before you consider Ferrexpo, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrexpo wasn't on the list.While Ferrexpo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here