Bel Fuse Rating Lowered to Neutral at Sidoti (BELFB)
Bel Fuse traded down 6.47% on Monday, hitting $16.90. Bel Fuse has a 1-year low of $13.40 and a 1-year high of $22.18. The company has a market cap of $199.5 million and a price-to-earnings ratio of 153.14.
Other equities research analysts have also recently issued reports about the stock. Analysts at Needham & Company reiterated a “hold” rating on shares of Bel Fuse in a research note to investors on Monday, April 30th. Analysts at Zacks downgraded shares of Bel Fuse from a “neutral” rating to an “underperform” rating in a research note to investors on Saturday, February 18th.
Bel Fuse Inc. (Bel) is a producer of electronic products. The Company is primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission and consumer electronics.