Befesa (ETR:BFSA) Trading Down 1.7% – What’s Next?

Befesa S.A. (ETR:BFSAGet Free Report)’s share price dropped 1.7% during trading on Thursday . The company traded as low as €33.05 and last traded at €33.70. Approximately 66,876 shares changed hands during trading, The stock had previously closed at €34.30.

Befesa Stock Up 2.7%

The stock has a fifty day moving average of €34.09 and a 200 day moving average of €31.52. The firm has a market capitalization of $1.45 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 0.88 and a beta of 1.74. The company has a debt-to-equity ratio of 85.00, a current ratio of 1.26 and a quick ratio of 0.87.

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. 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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