Befesa (ETR:BFSA) Trading Up 0.7% – Should You Buy?

by · The Cerbat Gem

Shares of Befesa S.A. (ETR:BFSAGet Free Report) shot up 0.7% on Thursday . The stock 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 Stock Up 0.7%

The stock’s fifty day simple moving average is €33.68 and its two-hundred day simple moving average is €32.47. The company has a debt-to-equity ratio of 85.00, a current ratio of 1.26 and a quick ratio of 0.87. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 26.37, a PEG ratio of 0.88 and a beta of 1.79.

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. 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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