Befesa (ETR:BFSA) Trading 10.2% Higher – Should You Buy?

Befesa S.A. (ETR:BFSA)’s stock price traded up 10.2% on Thursday . The stock traded as high as €32.50 and last traded at €32.30. 82,999 shares were traded during trading, The stock had previously closed at €29.30.

Befesa Stock Performance

The firm has a market capitalization of $1.38 billion, a P/E ratio of 24.86, a P/E/G ratio of 0.88 and a beta of 1.79. The firm has a 50-day moving average price of €30.89 and a two-hundred day moving average price of €29.77. The company has a debt-to-equity ratio of 86.00, a current ratio of 1.37 and a quick ratio of 0.87.

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. 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.