Befesa (ETR:BFSA) Trading Up 0.5% – Time to Buy?

Befesa S.A. (ETR:BFSA)’s share price was up 0.5% on Monday . The company traded as high as €31.68 and last traded at €31.50. Approximately 27,778 shares changed hands during mid-day trading, The stock had previously closed at €31.34.

Befesa Price Performance

The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 98.02. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 0.88 and a beta of 1.61. The stock has a 50-day moving average price of €28.30 and a 200 day moving average price of €28.17.

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.