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).
TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Macon Daily and is the sole property of of Macon Daily. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://macondaily.com/2019/05/18/christopher-mawe-purchases-2872-shares-of-ferrexpo-plc-fxpo-stock.html.
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.
Featured Article: Capital gains and your 401(k) or IRA
Receive News & Ratings for Ferrexpo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrexpo and related companies with MarketBeat.com's FREE daily email newsletter.