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Befesa (ETR:BFSA) Shares Down 1.1% - Here's What Happened

Befesa logo with Industrials background

Befesa S.A. (ETR:BFSA - Get Free Report) dropped 1.1% during trading on Wednesday . The company traded as low as €23.26 ($26.43) and last traded at €23.56 ($26.77). Approximately 53,161 shares changed hands during trading, The stock had previously closed at €23.82 ($27.07).

Befesa Stock Up 3.1 %

The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 98.02. The firm has a market cap of $1.02 billion, a PE ratio of 18.39, a P/E/G ratio of 0.88 and a beta of 1.61. The business's 50-day simple moving average is €24.34 and its 200 day simple moving average is €22.30.

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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