Befesa (ETR:BFSA) Trading Up 10.2% – Still a Buy?

Shares of Befesa S.A. (ETR:BFSA) were up 10.2% during trading on Thursday . The company traded as high as €32.50 and last traded at €32.30. 82,999 shares changed hands during trading, The stock had previously closed at €29.30.

Befesa Stock Up 1.7%

The company’s 50 day moving average price is €30.85 and its two-hundred day moving average price is €29.74. The firm has a market cap of $1.34 billion, a PE ratio of 24.16, a PEG ratio of 0.88 and a beta of 1.79. The company has a current ratio of 1.37, a quick ratio of 0.87 and a debt-to-equity ratio of 86.00.

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. 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.