Befesa (ETR:BFSA) Trading Up 3.8% – Still a Buy?

Befesa S.A. (ETR:BFSAGet Free Report)’s stock price shot up 3.8% during trading on Monday . The stock traded as high as €21.66 ($22.56) and last traded at €21.20 ($22.08). 111,383 shares traded hands during mid-day trading, The stock had previously closed at €20.42 ($21.27).

Befesa Trading Down 1.3 %

The company has a market cap of $844.80 million, a price-to-earnings ratio of 14.67, a PEG ratio of 0.88 and a beta of 1.61. The company has a current ratio of 0.94, a quick ratio of 0.87 and a debt-to-equity ratio of 92.98. The business’s 50 day moving average price is €20.68 and its 200-day moving average price is €23.89.

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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