Befesa (ETR:BFSA) Stock Falls 1.9% – Here’s What Happened

Befesa S.A. (ETR:BFSA – Get Free Report)’s share price fell 1.9% on Wednesday. The company traded as low as €32.25 and last traded at €32.85. Approximately 92,442 shares changed hands during mid-day trading, The stock had previously closed at €33.50.

Befesa Price Performance

The firm’s 50-day moving average price is €35.26 and its 200-day moving average price is €34.41. 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 stock has a market capitalization of $1.30 billion, a PE ratio of 23.46, a PEG ratio of 0.88 and a beta of 1.80.

Befesa Company Profile

(Get Free Report)

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.

Further Reading

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