News articles about Bel Fuse (NASDAQ:BELFB) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bel Fuse earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the electronics maker an impact score of 45.3450190934893 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, BidaskClub lowered Bel Fuse from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th.
Shares of Bel Fuse (NASDAQ:BELFB) opened at $27.10 on Monday. Bel Fuse has a fifty-two week low of $21.65 and a fifty-two week high of $33.60. The company has a current ratio of 2.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $326.07, a PE ratio of 20.69 and a beta of 0.74.
In other news, insider Daniel Bernstein sold 3,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $24.61, for a total value of $73,830.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Dennis Ackerman sold 2,500 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $24.63, for a total value of $61,575.00. The disclosure for this sale can be found here. Corporate insiders own 8.84% of the company’s stock.
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Bel Fuse Company Profile
Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and Europe.
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