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Befesa (ETR:BFSA) Shares Up 0.6% - Here's What Happened

Befesa logo with Industrials background

Befesa S.A. (ETR:BFSA - Get Free Report) traded up 0.6% during mid-day trading on Friday . The stock traded as high as €28.28 ($33.27) and last traded at €28.12 ($33.08). 124,510 shares were traded during mid-day trading, The stock had previously closed at €27.94 ($32.87).

Befesa Stock Down 1.7%

The firm has a 50-day simple moving average of €26.80 and a 200 day simple moving average of €24.06. The company has a market capitalization of $1.13 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61. The company has a debt-to-equity ratio of 98.02, a current ratio of 1.00 and a quick ratio of 0.87.

About Befesa

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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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