Afarak Group (LON:AFRK) Reaches New 1-Year High – Time to Buy?

Afarak Group SE (LON:AFRKGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 22.40 and last traded at GBX 22.40, with a volume of 46000 shares changing hands. The stock had previously closed at GBX 22.40.

Afarak Group Stock Performance

The business’s fifty day moving average is GBX 22.40. The company has a current ratio of 2.76, a quick ratio of 1.22 and a debt-to-equity ratio of 4.17. The stock has a market capitalization of £58.55 million, a PE ratio of -7.47 and a beta of 0.52.

About Afarak Group

(Get Free Report)

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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