Befesa (ETR:BFSA) Stock Price Down 0.9% – Here’s Why

by · The Markets Daily

Befesa S.A. (ETR:BFSA – Get Free Report) shares were down 0.9% during mid-day trading on Wednesday. The company traded as low as €34.45 and last traded at €34.55. Approximately 66,932 shares changed hands during trading, The stock had previously closed at €34.85.

Befesa Trading Down 0.9%

The firm’s 50 day simple moving average is €35.59 and its 200-day simple moving average is €33.78. The company has a market capitalization of $1.41 billion, a PE ratio of 25.41, a P/E/G ratio of 0.88 and a beta of 1.80. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 94.36.

Befesa Company Profile

(Get Free Report)

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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