Befesa (ETR:BFSA) Trading Down 2.3% – Should You Sell?

Befesa S.A. (ETR:BFSA) shares fell 2.3% during trading on Thursday . The company traded as low as €28.65 and last traded at €29.15. 73,915 shares changed hands during mid-day trading, The stock had previously closed at €29.85.

Befesa Stock Performance

The company has a market cap of $1.29 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 0.88 and a beta of 1.76. The company has a debt-to-equity ratio of 85.00, a quick ratio of 0.87 and a current ratio of 1.26. The company has a fifty day moving average of €33.90 and a two-hundred day moving average of €31.99.

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. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminium producers; and recovers and sells salt, aluminium concentrate, and aluminium oxides.