Befesa (ETR:BFSA) Sets New 52-Week Low – What’s Next?

Befesa S.A. (ETR:BFSA)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as €18.33 ($19.50) and last traded at €18.37 ($19.54), with a volume of 103682 shares trading hands. The stock had previously closed at €18.49 ($19.67).

Befesa Price Performance

The firm has a market capitalization of $734.80 million, a price-to-earnings ratio of 13.17, a PEG ratio of 0.88 and a beta of 1.61. The company’s 50-day moving average is €23.58 and its 200-day moving average is €27.73. The company has a debt-to-equity ratio of 92.98, a current ratio of 0.94 and a quick ratio of 0.87.

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.