Befesa (ETR:BFSA) Trading 0.6% Higher – Here’s Why

Befesa S.A. (ETR:BFSA)’s share price rose 0.6% during trading on Friday . The company traded as high as €28.28 ($33.27) and last traded at €28.12 ($33.08). Approximately 124,510 shares traded hands during trading, The stock had previously closed at €27.94 ($32.87).

Befesa Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 98.02. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 20.71, a P/E/G ratio of 0.88 and a beta of 1.61. The stock has a 50-day moving average price of €26.63 and a 200 day moving average price of €23.98.

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.