Befesa (ETR:BFSA) Shares Up 1.3% - Should You Buy?

Key Points

• Befesa S.A. shares increased by 1.3%, trading as high as €28.78 and closing at €28.68 on Thursday.
• The company has a market capitalization of $1.13 billion, a P/E ratio of 20.46, and operates in the environmental recycling services for the steel and aluminum industries.
• Befesa's debt-to-equity ratio stands at 98.02, indicating potential concerns regarding financial leverage.

Befesa S.A. (ETR:BFSA - ) shares shot up 1.3% during trading on Thursday . The company traded as high as €28.78 ($33.47) and last traded at €28.68 ($33.35). 50,070 shares changed hands during mid-day trading, The stock had previously closed at €28.30 ($32.91).

Befesa Stock Performance

The company has a debt-to-equity ratio of 98.02, a quick ratio of 0.87 and a current ratio of 1.00. The stock has a market capitalization of $1.13 billion, a P/E ratio of 20.46, a PEG ratio of 0.88 and a beta of 1.61. The business has a 50-day moving average price of €27.18 and a 200 day moving average price of €26.57.

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.

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