Bel Fuse (BELFB) Posts Quarterly Earnings Results
Bel Fuse (NASDAQ:BELFB) announced its earnings results on Wednesday. The company reported $0.41 EPS for the quarter, Analyst RN reports.
Bel Fuse (NASDAQ:BELFB) traded up 3.01% during mid-day trading on Wednesday, hitting $24.28. 6,650 shares of the company’s stock traded hands. Bel Fuse has a 52-week low of $14.20 and a 52-week high of $27.50. The stock has a 50-day moving average of $24.56 and a 200-day moving average of $22.16. The company has a market cap of $279.4 million and a price-to-earnings ratio of 14.22.
On the ratings front, analysts at Stephens initiated coverage on shares of Bel Fuse in a research note on Monday, June 2nd. They set an “overweight” rating on the stock.
Bel Fuse Inc (NASDAQ:BELFB) is a producer of electronic products.
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