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Befesa (ETR:BFSA) Stock Price Up 3.8% - Still a Buy?

Befesa logo with Industrials background

Befesa S.A. (ETR:BFSA - Get Free Report) shares 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 Stock Up 3.2 %

The company has a debt-to-equity ratio of 92.98, a current ratio of 0.94 and a quick ratio of 0.87. The company has a market capitalization of $872 million, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61. The firm's 50-day simple moving average is €20.74 and its two-hundred day simple moving average is €23.81.

About Befesa

(Get Free Report)

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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