Bel Fuse (NASDAQ:BELFA) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Bel Fuse Inc. (NASDAQ:BELFA)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $91.64 and traded as high as $92.80. Bel Fuse shares last traded at $92.80, with a volume of 3,973 shares.

Bel Fuse Price Performance

The company has a current ratio of 4.00, a quick ratio of 2.71 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $1.16 billion, a PE ratio of 22.47 and a beta of 1.25. The business has a fifty day moving average price of $98.73 and a 200-day moving average price of $91.64.

Bel Fuse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Wednesday, January 15th. Bel Fuse’s payout ratio is presently 5.81%.

Institutional Investors Weigh In On Bel Fuse

Several institutional investors have recently bought and sold shares of BELFA. Barclays PLC increased its stake in shares of Bel Fuse by 278.9% in the third quarter. Barclays PLC now owns 2,311 shares of the scientific and technical instruments company’s stock worth $230,000 after buying an additional 1,701 shares during the period. Geode Capital Management LLC grew its holdings in Bel Fuse by 9.0% in the 3rd quarter. Geode Capital Management LLC now owns 33,694 shares of the scientific and technical instruments company’s stock worth $3,351,000 after acquiring an additional 2,778 shares during the last quarter. State Street Corp increased its position in shares of Bel Fuse by 12.9% in the third quarter. State Street Corp now owns 25,125 shares of the scientific and technical instruments company’s stock valued at $2,498,000 after acquiring an additional 2,876 shares during the period. MetLife Investment Management LLC raised its stake in shares of Bel Fuse by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,098 shares of the scientific and technical instruments company’s stock valued at $109,000 after acquiring an additional 619 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Bel Fuse by 632.5% during the third quarter. BNP Paribas Financial Markets now owns 2,073 shares of the scientific and technical instruments company’s stock worth $206,000 after purchasing an additional 1,790 shares during the period. 6.01% of the stock is currently owned by hedge funds and other institutional investors.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.