FXPO - Short continuation play Technical Analysis
Resistance above and breaking daily MA ribbon for a continuation play to 120
Next report date
Report period
H1 2024
EPS estimate
—
Revenue estimate
—
−0.1424USD
−86.82 MUSD
667.50 MUSD
288.23 M
About Ferrexpo plc.
Sector
Industry
Headquarters
Baar
Website
Founded
1960
ISIN
GB00B1XH2C03
FIGI
BBG000VXNW42
Ferrexpo Plc engages in production, development and marketing of iron ore pellets for sale to the metallurgical industry. It holds interests in the Poltava Mining, Yeristovo Mining, and Belanovo Mining. The company was founded in 1960 and is headquartered in Baar, Switzerland.
Ferrexpo pays out massive dividend as profits surgeFERREXPO Tip: SPECULATIVE BUY Current price: 353.60 Target price: 450
Bullish points: - Lowly shares valuation
- Strong balance sheet
- High iron price
- Premiums paid on pellets likely to increase with stricter emission standards
- Strong ESG credentials
Bearish points: - Iron prices could fall
FXPO - Buy - Ferrexpo LSELooking at a long on FXPO, oversold on my indicators, shown some rejection from 100ma, although not a convincing move. That being said, positive growth is a plus for FXPO. Both weekly and daily charts are above the 200ma.
We may see another down day so looking for a positive move higher on high vol
FXPO is struggling to overcome resistance at 170 GBpPrevious gap was successfully closed but at the same time, several poor lows were created on the way up. Sellers might have some unfinished business at 164 GBp level and could continue opening short positions aggressively till 156 GBp level. In case of even small panic, we can expect retest of 149 G
FXPO partly recovered from selling and aims to close gap at 170Selling in LSE:FXPO ended on Monday and since then, buyers started to pile on moderately. In case of continues recovery above 163 GBp, potentially we could see a gap closure at 170 GBp.
FerrexpoCredit Suisse has upgraded their p/t to 55p and to a buy rating. However, I am contrarian and this market looks bearish.
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Frequently Asked Questions
The current price of FEEXF is 0.6009 USD — it has decreased by 0.84% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Ferrexpo plc. stocks are traded under the ticker FEEXF.
Ferrexpo plc. is going to release the next earnings report on Aug 7, 2024. Keep track of upcoming events with our Earnings Calendar.
FEEXF stock is 0.85% volatile and has beta coefficient of 0.67. Check out the list of the most volatile stocks — is Ferrexpo plc. there?
FEEXF earnings for the last quarter are 0.42 USD per share, whereas the estimation was 0.42 USD resulting in a 0.44% surprise. The estimated earnings for the next quarter are 0.19 USD per share. See more details about Ferrexpo plc. earnings.
Ferrexpo plc. revenue for the last quarter amounts to 787.11 M USD despite the estimated figure of 797.00 M USD. In the next quarter revenue is expected to reach 703.00 M USD.
Yes, you can track Ferrexpo plc. financials in yearly and quarterly reports right on TradingView.
FEEXF stock has risen by 4.88% compared to the previous week, the month change is a 5.42% rise, over the last year Ferrexpo plc. has showed a 56.77% decrease.
FEEXF net income for the last quarter is −113.56 M USD, while the quarter before that showed 27.79 M USD of net income which accounts for −508.59% change. Track more Ferrexpo plc. financial stats to get the full picture.
Today Ferrexpo plc. has the market capitalization of 381.80 M, it has decreased by 0.59% over the last week.
Like other stocks, FEEXF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ferrexpo plc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ferrexpo plc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ferrexpo plc. stock shows the sell signal. See more of Ferrexpo plc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Ferrexpo plc. future price: according to them, FEEXF price has a max estimate of 2.77 USD and a min estimate of 1.20 USD. Read a more detailed Ferrexpo plc. forecast: see what analysts think of Ferrexpo plc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ferrexpo plc. EBITDA is 125.33 M USD, and current EBITDA margin is 18.74%. See more stats in Ferrexpo plc. financial statements.