Shares of Befesa S.A. (ETR:BFSA – Get Free Report) shot up 1.6% during mid-day trading on Wednesday . The company traded as high as €31.74 ($34.13) and last traded at €30.60 ($32.90). 112,922 shares traded hands during mid-day trading, The stock had previously closed at €30.12 ($32.39).
Befesa Stock Up 1.5 %
The company has a market cap of $1.28 billion, a PE ratio of 24.35, a P/E/G ratio of 0.88 and a beta of 1.55. The stock has a 50-day moving average of €31.61 and a 200-day moving average of €32.05. The company has a quick ratio of 0.87, a current ratio of 1.43 and a debt-to-equity ratio of 77.58.
About Befesa
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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