Befesa (ETR:BFSA) Trading 0.7% Higher – Time to Buy?

Befesa S.A. (ETR:BFSAGet Free Report) was up 0.7% during trading on Thursday . The company traded as high as €36.10 and last traded at €35.85. 77,361 shares were traded during trading, The stock had previously closed at €35.60.

Befesa Price Performance

The company has a 50-day moving average of €33.67 and a 200-day moving average of €32.48. The company has a debt-to-equity ratio of 85.00, a quick ratio of 0.87 and a current ratio of 1.26. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 0.88 and a beta of 1.79.

About Befesa

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Befesa SA offers environmental recycling services to the steel and aluminum industries in European, Asian, and North American markets. It operates through two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; sells waelz oxide to zinc smelters; and treats crude steel dust. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminium producers; and recovers and sells salt, aluminium concentrate, and aluminium oxides.

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