Befesa (ETR:BFSA) Shares Down 0.8% - Here's Why

Key Points

• Befesa S.A. shares fell by 0.8%, trading at €29.94 ($34.81) after reaching a low of €29.52 ($34.33) during the day.
• The company has a market capitalization of $1.22 billion and a price-to-earnings ratio of 22.02.
• Befesa specializes in environmental recycling services for the steel and aluminum industries across European, Asian, and North American markets.

Befesa S.A. (ETR:BFSA - )'s stock price traded down 0.8% on Friday . The company traded as low as €29.52 ($34.33) and last traded at €29.94 ($34.81). 58,797 shares changed hands during mid-day trading, The stock had previously closed at €30.18 ($35.09).

Befesa Stock Down 0.8%

The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61. The stock's 50 day moving average is €28.17 and its 200 day moving average is €27.00. The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 98.02.

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.

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