BELFA Stock Summary and Trading Ideas (Bel Fuse - Class A | NASDAQ:BELFA)

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Bel Fuse - Class A trades on the NASDAQ stock market under the symbol BELFA.

As of April 19, 2024, BELFA stock price climbed to $69.31 with 7,310 million shares trading.

BELFA has a market cap of $884.16 million. This is considered a Small Cap stock.

Last quarter Bel Fuse - Class A reported $140 million in Revenue and $1.29 earnings per share. This fell short of revenue expectation by $-10 million and missed earnings estimates by -$.09.

In the last 3 years, BELFA stock traded as high as $78.77 and as low as $12.38.

The top ETF exchange traded funds that BELFA belongs to (by Net Assets): SCHA, DFAT, VTI, DFUV, DFAC.

BELFA has outperformed the market in the last year with a price return of +95.1% while the SPY ETF gained +21.2%. BELFA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.1% and -2.8%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

BELFA support price is $67.42 and resistance is $71.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BELFA stock will trade within this expected range on the day.