Befesa (ETR:BFSA) Trading Down 1.7% – Time to Sell?

Befesa S.A. (ETR:BFSA) shares fell 1.7% during mid-day trading on Thursday . The stock traded as low as €33.05 and last traded at €33.70. 66,876 shares were traded during mid-day trading, The stock had previously closed at €34.30.

Befesa Trading Down 1.7%

The stock’s 50 day moving average is €33.97 and its 200-day moving average is €31.50. The company has a market cap of $1.37 billion, a P/E ratio of 24.79, a PEG ratio of 0.88 and a beta of 1.74. The company has a current ratio of 1.26, a quick ratio of 0.87 and a debt-to-equity ratio of 85.00.

About Befesa

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.