Befesa (ETR:BFSA) Shares Down 0.9% – What’s Next?

Befesa S.A. (ETR:BFSA)’s share price fell 0.9% on Wednesday. The stock traded as low as €34.45 and last traded at €34.55. 66,932 shares changed hands during mid-day trading, The stock had previously closed at €34.85.

Befesa Price Performance

The stock has a 50-day simple moving average of €35.57 and a 200 day simple moving average of €33.82. The company has a market cap of $1.38 billion, a PE ratio of 24.97, a P/E/G ratio of 0.88 and a beta of 1.80. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 94.36.

About Befesa

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.