Bel Fuse Inc. (BELFB) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 7.43% to $15.33, representing a gain of $1.06 per share. Some 5,818 shares traded hands on 87 trades, compared with an average daily volume of 44,935 shares out of a total float of 11.89 million. The stock opened at $14.41 and traded with an intraday range of $15.33 to $14.38.
After today's gains, Bel Fuse Inc. reached a market cap of $182.25 million. Bel Fuse Inc. has had a trading range between $24.14 and $13.33 over the last year, and it had a 50-day SMA of $16.12 and a 200-day SMA of $19.25.
The stock has a P/E Ratio of 7.2.
Bel Fuse Inc designs, manufactures and markets products that power, protect and connect electronic circuits. These products are used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries.
Bel Fuse Inc. is based out of Jersey City, NJ and has some 8,210 employees. Its CEO is Daniel Bernstein.
For a complete fundamental analysis analysis of Bel Fuse Inc., check out Equities.com’s Stock Valuation Analysis report for BELFB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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