Befesa (ETR:BFSA) Trading 4.2% Higher – What’s Next?

Befesa S.A. (ETR:BFSAGet Free Report)’s stock price traded up 4.2% during mid-day trading on Wednesday . The stock traded as high as €26.64 ($29.27) and last traded at €26.64 ($29.27). 77,789 shares traded hands during trading, The stock had previously closed at €25.56 ($28.09).

Befesa Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 98.02. The company has a market capitalization of $1.04 billion, a PE ratio of 18.74, a PEG ratio of 0.88 and a beta of 1.61. The business has a 50 day simple moving average of €23.63 and a 200 day simple moving average of €22.56.

Befesa Company Profile

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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.

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