Befesa (ETR:BFSA) Shares Down 1.8% - Should You Sell?

Key Points

• Befesa S.A. shares saw a decline of 1.8%, trading as low as €26.52 ($30.84) and last at €26.78 ($31.14).
• The company has a debt-to-equity ratio of 98.02 and a market capitalization of $1.10 billion.
• Befesa specializes in environmental recycling services for the steel and aluminum industries across Europe, Asia, and North America.

Befesa S.A. (ETR:BFSA - Get Free Report)'s stock price fell 1.8% during mid-day trading on Wednesday . The company traded as low as €26.52 ($31.20) and last traded at €26.78 ($31.51). 49,515 shares changed hands during mid-day trading, The stock had previously closed at €27.26 ($32.07).

Befesa Stock Performance

The stock's 50-day simple moving average is €27.43 and its two-hundred day simple moving average is €26.18. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 19.96, 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 quick ratio of 0.87 and a current ratio of 1.00.

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.