Befesa (ETR:BFSA) Trading 1.5% Higher – Here’s Why

Befesa S.A. (ETR:BFSA) was up 1.5% during trading on Tuesday . The stock traded as high as €22.76 ($23.71) and last traded at €22.30 ($23.23). Approximately 62,679 shares traded hands during trading, The stock had previously closed at €21.98 ($22.90).

Befesa Price Performance

The firm has a market capitalization of $922.53 million, a PE ratio of 16.65, a P/E/G ratio of 0.88 and a beta of 1.61. The firm’s fifty day moving average price is €21.02 and its 200 day moving average price is €22.98. The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 98.02.

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.