Befesa (ETR:BFSA) Trading 1.1% Higher – Here’s What Happened

Befesa S.A. (ETR:BFSAGet Free Report) shares traded up 1.1% on Wednesday . The stock traded as high as €37.50 and last traded at €37.05. Approximately 100,987 shares traded hands during mid-day trading, The stock had previously closed at €36.65.

Befesa Stock Down 1.8%

The firm has a market capitalization of $1.52 billion, a P/E ratio of 27.40, a PEG ratio of 0.88 and a beta of 1.80. The company has a debt-to-equity ratio of 94.36, a quick ratio of 0.87 and a current ratio of 1.04. The stock has a 50 day moving average of €35.02 and a 200-day moving average of €33.49.

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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