BELFA has been in the news 500% more than usual
Jul 30, 2024, 6:31 PM
-3.23%
What does BELFA do
Bel Fuse Inc., based in West Orange, New Jersey, employs 7,000 people and operates in the Electronic Equipment industry, designing and manufacturing products for circuit connectivity and protection. The company is divided into three segments: Connectivity Solutions, Power Solutions and Protection, and Magnetic Solutions, catering to industries like defense and telecommunications.
BELFA has been in the news recently: Bel Fuse Inc. (NASDAQ:BELFB) has experienced a significant stock increase of 30% over the past three months, alongside a 39.89% annual gain highlighted by Greystone Capital Management. The company also reported a 19% return on equity (ROE) and a 51% growth in net income over the last five years, reflecting strong financial performance.
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