Insider Buying: Ferrexpo plc (LON:FXPO) Insider Acquires 2,215 Shares of Stock

Ferrexpo plc (LON:FXPO) insider Nikolay Kladiev bought 2,215 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The stock was purchased at an average cost of GBX 43 ($0.54) per share, with a total value of £952.45 ($1,203.65).

Ferrexpo Stock Performance

Shares of Ferrexpo stock opened at GBX 43.24 ($0.55) on Thursday. Ferrexpo plc has a one year low of GBX 42.90 ($0.54) and a one year high of GBX 122.75 ($1.55). The firm has a market capitalization of £258.64 million, a price-to-earnings ratio of 196.55, a PEG ratio of -0.18 and a beta of 1.39. The business has a 50-day simple moving average of GBX 72.19 and a 200 day simple moving average of GBX 75.65. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.86 and a quick ratio of 2.20.

Ferrexpo Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, January 25th were given a $0.03 dividend. This represents a yield of 3.6%. The ex-dividend date was Thursday, January 25th. Ferrexpo’s payout ratio is 1,363.64%.

About Ferrexpo

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.