Afarak Group SE (LON:AFRK – Get Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0 and traded as high as GBX 22.40. Afarak Group shares last traded at GBX 22.40, with a volume of 46,000 shares changing hands.
Afarak Group Price Performance
The firm has a market capitalization of £58.55 million, a PE ratio of -10.76 and a beta of 0.52. The company has a quick ratio of 1.22, a current ratio of 2.76 and a debt-to-equity ratio of 4.17.
About Afarak Group
Afarak Group SE extracts, process, markets, and trades specialised metals in Finland, other EU countries, the United States, China, Africa, and internationally. It operates in two segments, FerroAlloys and Speciality Alloys. The Ferro Alloys segment produces chrome from Vlakpoort, Stellite, Mecklenburg, and Zeerust mines. The specialty alloys segment offers low ferrochrome, extra low carbon ferrochrome, and high chrome ferrochrome. It also provides chrome ore, stainless steel alloy, plasma ferrochrome, and silico manganese.
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