Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bel Fuse (NASDAQ:BELFA) Share Price

News stories about Bel Fuse (NASDAQ:BELFA) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bel Fuse earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news headlines about the scientific and technical instruments company an impact score of 46.2123374583954 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Bel Fuse (NASDAQ:BELFA) opened at 22.024 on Thursday. Bel Fuse has a 52 week low of $15.97 and a 52 week high of $26.97. The stock’s 50 day moving average is $21.59 and its 200-day moving average is $22.39. The firm has a market cap of $264.57 million, a PE ratio of 7.195 and a beta of 0.88.

Bel Fuse (NASDAQ:BELFA) last announced its quarterly earnings results on Wednesday, May 3rd. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.22. The company had revenue of $113.67 million during the quarter. Bel Fuse had a return on equity of 11.40% and a net margin of 7.43%. On average, equities analysts predict that Bel Fuse will post $1.50 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 1st. Shareholders of record on Friday, July 14th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Wednesday, July 12th. Bel Fuse’s payout ratio is currently 8.19%.

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Bel Fuse Company Profile

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.

Insider Buying and Selling by Quarter for Bel Fuse (NASDAQ:BELFA)

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