Ferrexpo (OTCMKTS:FEEXF) Stock Price Down 11.4% – Should You Sell?

Shares of Ferrexpo plc (OTCMKTS:FEEXF – Get Free Report) fell 11.4% on Wednesday . The stock traded as low as $1.01 and last traded at $1.01. 200 shares traded hands during trading, a decline of 98% from the average session volume of 11,944 shares. The stock had previously closed at $1.14.

Ferrexpo Stock Performance

The company has a 50-day moving average of $0.94 and a 200-day moving average of $0.78.

About Ferrexpo

(Get Free Report)

Ferrexpo plc is a Switzerland‐headquartered iron ore pellet producer with primary mining operations located in the Poltava region of Ukraine. The company specializes in the extraction, processing and sale of iron ore pellets, which are supplied to steel producers worldwide. Ferrexpo’s integrated operations include open-pit iron ore mines, beneficiation plants and pelletizing facilities designed to deliver high‐quality iron ore products for use in blast furnaces and direct reduction plants.

The company’s core products are magnetite‐based iron ore pellets, renowned for their uniform size, high iron content and low impurity levels.

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