Amphenol Corporation (APH) : Traders are bullish on Amphenol Corporation (APH) as it has outperformed the S&P 500 by a wide margin of 4.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.78% in the last 1 week, and is up 3.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.53% and the 50-Day Moving Average is 5.74%.The 200 Day SMA reached 15.29%
Amphenol Corporation (NYSE:APH): After opening at $64.82, the stock dipped to an intraday low of $64.73 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $65.185 and the buying power remained strong till the end. The stock closed at $64.92 for the day, a gain of 0.37% for the day session. The total traded volume was 1,516,179. The stocks close on the previous trading day was $64.92.
Amphenol Corporation (APH) stock is expected to deviate a maximum of $2.14 from the average target price of $61.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $63 and the most muted being $58.
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments: Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment primarily designs, manufacturers and markets a range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs, manufacturers and markets cable, value-added products and components for use primarily in the broadband communications and information technology markets, as well as certain applications in other markets.