Befesa (ETR:BFSA) Reaches New 52-Week Low – Should You Sell?

Befesa S.A. (ETR:BFSAGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company 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 stock’s 50 day moving average price is €23.58 and its 200-day moving average price is €27.73. The company has a quick ratio of 0.87, a current ratio of 0.94 and a debt-to-equity ratio of 92.98. The stock has a market capitalization of $734.80 million, a PE ratio of 13.17, a price-to-earnings-growth ratio of 0.88 and a beta of 1.61.

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.

Further Reading

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