Befesa (ETR:BFSA) Reaches New 12-Month Low – What’s Next?

Befesa S.A. (ETR:BFSAGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as €18.80 ($19.79) and last traded at €19.94 ($20.99), with a volume of 116133 shares. The stock had previously closed at €19.47 ($20.49).

Befesa Trading Up 2.4 %

The stock has a market cap of $797.60 million, a PE ratio of 13.52, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61. The company’s 50-day moving average price is €23.01 and its 200 day moving average price is €27.41. The company has a debt-to-equity ratio of 92.98, a quick ratio of 0.87 and a current ratio of 0.94.

About Befesa

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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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