Bel Fuse Inc. (NASDAQ:BELFA – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 19,723 shares were traded during mid-day trading, an increase of 66% from the previous session’s volume of 11,904 shares.The stock last traded at $84.65 and had previously closed at $83.70.
Bel Fuse Trading Up 9.1 %
The company has a market cap of $1.13 billion, a price-to-earnings ratio of 15.89 and a beta of 1.36. The firm has a 50 day moving average price of $81.42 and a two-hundred day moving average price of $73.23. The company has a quick ratio of 2.70, a current ratio of 4.21 and a debt-to-equity ratio of 0.17.
Bel Fuse (NASDAQ:BELFA – Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The scientific and technical instruments company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.59. The company had revenue of $133.21 million during the quarter. Bel Fuse had a return on equity of 24.29% and a net margin of 12.62%.
Institutional Investors Weigh In On Bel Fuse
About Bel Fuse
Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.
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