Befesa (ETR:BFSA) Trading Up 3.8% – Time to Buy?

Befesa S.A. (ETR:BFSAGet Free Report)’s stock price shot up 3.8% during mid-day trading on Monday . The stock traded as high as €21.66 ($22.56) and last traded at €21.20 ($22.08). 111,383 shares were traded during trading, The stock had previously closed at €20.42 ($21.27).

Befesa Stock Down 1.3 %

The company has a market capitalization of $844.80 million, a P/E ratio of 14.67, a PEG ratio of 0.88 and a beta of 1.61. The company has a current ratio of 0.94, a quick ratio of 0.87 and a debt-to-equity ratio of 92.98. The stock has a 50 day moving average price of €20.68 and a 200 day moving average price of €23.89.

About Befesa

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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.

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