Belden traded at $106.06 this Friday May 15th, decreasing $3.96 or 3.60 percent since the previous trading session. Looking back, over the last four weeks, Belden lost 16.07 percent. Over the last 12 months, its price fell by 5.63 percent. Looking ahead, we forecast Belden to be priced at 109.98 by the end of this quarter and at 103.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
Belden Inc. is a signal transmission solutions provider company. The Company’s segments include Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider of network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. It serves customers in markets, such as healthcare, education, financial, government, corporate enterprises and broadband service providers, as well as end-markets, including sport venues and academia. The Industrial Solutions segment is a provider of networking and machine connectivity products. Its products include physical network, fieldbus infrastructure components and on-machine connectivity systems to meet user and original equipment manufacturers (OEMs) needs. It has manufacturing facilities in the United States, other manufacturing and operating facilities in Brazil, Canada, China, Japan, Mexico, and St. Kitts, as well as in various countries in Europe.