Ferrexpo (OTCMKTS:FEEXF) Shares Down 13.5% – Here’s Why

by · The Cerbat Gem

Ferrexpo plc (OTCMKTS:FEEXFGet Free Report)’s share price traded down 13.5% on Monday . The stock traded as low as $0.74 and last traded at $0.74. 46,016 shares were traded during mid-day trading, an increase of 276% from the average session volume of 12,238 shares. The stock had previously closed at $0.85.

Ferrexpo Stock Performance

The company’s 50-day moving average price is $1.03 and its 200-day moving average price is $0.99.

Ferrexpo Company Profile

(Get Free Report)

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.

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