Shares of Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $92.69 and traded as low as $88.00. Bel Fuse shares last traded at $89.82, with a volume of 17,790 shares traded.
Bel Fuse Price Performance
The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.71 and a current ratio of 4.00. The firm has a market capitalization of $1.04 billion, a P/E ratio of 20.00 and a beta of 1.25. The stock's 50 day simple moving average is $92.16 and its 200 day simple moving average is $92.68.
Institutional Investors Weigh In On Bel Fuse
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MetLife Investment Management LLC increased its stake in Bel Fuse by 129.2% during the 3rd quarter. MetLife Investment Management LLC now owns 1,098 shares of the scientific and technical instruments company's stock valued at $109,000 after purchasing an additional 619 shares in the last quarter. Barclays PLC increased its stake in Bel Fuse by 278.9% during the 3rd quarter. Barclays PLC now owns 2,311 shares of the scientific and technical instruments company's stock valued at $230,000 after purchasing an additional 1,701 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Bel Fuse by 632.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,073 shares of the scientific and technical instruments company's stock valued at $206,000 after purchasing an additional 1,790 shares in the last quarter. Geode Capital Management LLC increased its stake in Bel Fuse by 9.0% during the 3rd quarter. Geode Capital Management LLC now owns 33,694 shares of the scientific and technical instruments company's stock valued at $3,351,000 after purchasing an additional 2,778 shares in the last quarter. Finally, State Street Corp increased its stake in Bel Fuse by 12.9% during the 3rd quarter. State Street Corp now owns 25,125 shares of the scientific and technical instruments company's stock valued at $2,498,000 after purchasing an additional 2,876 shares in the last quarter. Hedge funds and other institutional investors own 6.01% of the company's stock.
Bel Fuse Company Profile
(
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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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