Bel Fuse Inc (BELFB) Soars 9.45% on February 22

Equities Staff  |

Bel Fuse Inc (BELFB) had a good day on the market for Monday February 22 as shares jumped 9.45% to close at $16.80. About 78,666 shares traded hands on 1,296 trades for the day, compared with an average daily volume of n/a shares out of a total float of 12.36 million. After opening the trading day at $15.35, shares of Bel Fuse Inc stayed within a range of $17.12 to $15.35.

With today's gains, Bel Fuse Inc now has a market cap of $207.64 million. Shares of Bel Fuse Inc have been trading within a range of $18.71 and $6.31 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories namely, magnetic solutions, power solutions and protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical and consumer electronics industries. Its segments consist of North America, Asia, and Europe with most of the revenues derived from North America.

Bel Fuse Inc is based out of Jersey City, NJ and has some 8,098 employees. Its CEO is Daniel Bernstein.

For a complete fundamental analysis of Bel Fuse Inc, check out Equities.com’s Stock Valuation Analysis report for BELFB.

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Bel Fuse Inc is also a component of the Russell 2000. 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.

To get more information on Bel Fuse Inc and to follow the company’s latest updates, you can visit the company’s profile page here: BELFB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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