Befesa (ETR:BFSA) Reaches New 12-Month Low – Should You Sell?

Befesa S.A. (ETR:BFSAGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as €20.96 ($22.06) and last traded at €22.32 ($23.49), with a volume of 85441 shares trading hands. The stock had previously closed at €21.16 ($22.27).

Befesa Trading Up 5.5 %

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 $892.80 million, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61. The business’s 50 day simple moving average is €22.21 and its 200 day simple moving average is €26.72.

Befesa Company Profile

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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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