Amphenol Corporation (APH) : Traders are bullish on Amphenol Corporation (APH) as it has outperformed the S&P 500 by a wide margin of 3.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.34%, 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 1.31% in the last 1 week, and is up 3.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Amphenol Corporation is up 9.45% in the last 3-month period. Year-to-Date the stock performance stands at 17.73%. The stock has recorded a 20-day Moving Average of 2.59% and the 50-Day Moving Average is 4.41%.
Amphenol Corporation (NYSE:APH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.35 and $60.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.19, notching a gain of 1.12% for the day. The total traded volume was 1,195,981 . The stock had closed at $60.51 on the previous day.
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.