Befesa (ETR:BFSA) Trading Up 1.1% – Here’s What Happened
by Mitch Edgeman · The Markets DailyBefesa S.A. (ETR:BFSA – Get Free Report)’s share price shot up 1.1% during trading on Wednesday . The stock traded as high as €37.50 and last traded at €37.05. Approximately 100,987 shares changed hands during mid-day trading, The stock had previously closed at €36.65.
Befesa Stock Performance
The company has a market cap of $1.51 billion, a PE ratio of 27.25, a P/E/G ratio of 0.88 and a beta of 1.80. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 94.36. The firm’s 50-day simple moving average is €34.84 and its two-hundred day simple moving average is €33.46.
Befesa Company Profile
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.