Christopher Mawe Purchases 2,872 Shares of Ferrexpo Plc (FXPO) Stock

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Ferrexpo Plc (LON:FXPO) insider Christopher Mawe bought 2,872 shares of Ferrexpo stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of GBX 217 ($2.84) per share, with a total value 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 shares were 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 224.90 ($2.94) on Friday. The company has a market cap of $1.32 billion and a P/E ratio of 3.97. The company has a debt-to-equity ratio of 46.36, a quick ratio of 0.64 and a current ratio of 1.21. Ferrexpo Plc has a 12 month low of GBX 138 ($1.80) and a 12 month high of GBX 305.60 ($3.99).

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 dividend of $0.07 per share. This represents a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, June 13th. Ferrexpo’s payout ratio is currently 0.18%.

FXPO has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Ferrexpo from GBX 230 ($3.01) to GBX 270 ($3.53) and gave the company an “overweight” rating in a research report on Monday, March 4th. Deutsche Bank raised shares of Ferrexpo to a “buy” rating and increased their target price for the company from GBX 220 ($2.87) to GBX 270 ($3.53) in a research report on Thursday, January 31st. Credit Suisse Group increased their target price on shares of Ferrexpo from GBX 260 ($3.40) to GBX 325 ($4.25) and gave the company an “outperform” rating in a research report on Thursday, April 25th. Liberum Capital reissued a “hold” rating on shares of Ferrexpo in a research report on Tuesday, January 29th. Finally, HSBC increased their target price on shares of Ferrexpo from GBX 255 ($3.33) to GBX 310 ($4.05) and gave the company a “buy” rating in a research report on Thursday, March 7th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus 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.

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