Befesa S.A. (ETR:BFSA – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of €33.43 and traded as high as €36.75. Befesa shares last traded at €34.85, with a volume of 308,238 shares traded.
Befesa Stock Up 6.7%
The firm has a 50 day simple moving average of €34.95 and a two-hundred day simple moving average of €33.43. The company has a market capitalization of $1.52 billion, a PE ratio of 27.36, a P/E/G ratio of 0.88 and a beta of 1.80. The company has a current ratio of 1.04, a quick ratio of 0.87 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.
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