Bel Fuse (NASDAQ:BELFB) released its earnings results on Thursday. The electronics maker reported $0.03 EPS for the quarter, Morningstar.com reports. Bel Fuse had a return on equity of 13.75% and a net margin of 4.17%. The company had revenue of $127.42 million for the quarter.
NASDAQ:BELFB traded down $2.08 during trading hours on Friday, reaching $11.42. 148,144 shares of the stock were exchanged, compared to its average volume of 35,829. The company has a quick ratio of 1.75, a current ratio of 3.12 and a debt-to-equity ratio of 0.69. The company’s 50 day moving average is $16.48. Bel Fuse has a 52 week low of $10.77 and a 52 week high of $29.00. The firm has a market cap of $201.99 million, a PE ratio of 8.33 and a beta of 1.29.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 1st. Shareholders of record on Monday, July 15th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date was Friday, July 12th.
A number of research analysts have commented on BELFB shares. BidaskClub downgraded Bel Fuse from a “sell” rating to a “strong sell” rating in a report on Tuesday, May 14th. ValuEngine downgraded Bel Fuse from a “hold” rating to a “sell” rating in a report on Monday, June 17th.
Bel Fuse Company Profile
Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.
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