Befesa (ETR:BFSA) Stock Price Down 3.9%

Befesa S.A. (ETR:BFSA – Get Rating) shares traded down 3.9% on Thursday . The stock traded as low as €36.34 ($39.50) and last traded at €36.70 ($39.89). 55,925 shares changed hands during mid-day trading, The stock had previously closed at €38.20 ($41.52).

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BFSA shares. JPMorgan Chase & Co. set a €44.00 ($47.83) target price on shares of Befesa in a research report on Thursday, March 2nd. The Goldman Sachs Group set a €63.00 ($68.48) price target on shares of Befesa in a report on Thursday, March 2nd.

Befesa Trading Down 3.9 %

The company has a debt-to-equity ratio of 86.26, a current ratio of 1.27 and a quick ratio of 0.87. The stock has a market capitalization of $1.47 billion, a PE ratio of 11.58, a P/E/G ratio of 0.88 and a beta of 1.42. The company’s 50 day moving average price is €40.01 and its two-hundred day moving average price is €44.12.

About Befesa

(Get Rating)

Befesa SA provides 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 steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel.