Bel Fuse (BELFB) Getting Somewhat Positive Press Coverage, Study Shows
Headlines about Bel Fuse (NASDAQ:BELFB) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bel Fuse earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the electronics maker an impact score of 45.8704181166601 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Bel Fuse (NASDAQ:BELFB) opened at $27.85 on Friday. 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 firm has a market capitalization of $335.09, a PE ratio of 21.26 and a beta of 0.83. Bel Fuse has a twelve month low of $21.65 and a twelve month high of $33.60.
The business also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Monday, January 15th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, January 11th. Bel Fuse’s payout ratio is presently 28.57%.
Separately, BidaskClub lowered Bel Fuse from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th.
In other news, insider Daniel Bernstein sold 3,000 shares of Bel Fuse stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $24.61, for a total transaction of $73,830.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Dennis Ackerman sold 2,500 shares of Bel Fuse stock in a transaction dated Thursday, November 9th. The shares were 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. Company insiders own 8.84% of the company’s stock.
About Bel Fuse
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.
Receive News & Ratings for Bel Fuse Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bel Fuse Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.