AMTEK (NYSE:AME) : During the past 4 weeks, traders have been relatively bearish on AMTEK (NYSE:AME), hence the stock is down -6.64% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.46% relative to the S&P 500. The 4-week change in the price of the stock is -5.13% and the stock has fallen -1.21% in the past 1 week.
The company shares have dropped -18.04% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $57.67 and the one year low was seen on Feb 5, 2016. The 50-Day Moving Average price is $46.90 and the 200 Day Moving Average price is recorded at $48.11.
The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 2.58%.
AMTEK (NYSE:AME): stock turned positive on Friday. Though the stock opened at $45.86, the bulls momentum made the stock top out at $46 level for the day. The stock recorded a low of $45.67 and closed the trading day at $45.84, in the green by 1.06%. The total traded volume for the day was 1,439,716. The stock had closed at $45.36 in the previous days trading.
In an insider trading activity,The officer (PRES. – ELECTRONIC INSTRUMENTS) of Ametek Inc/, Marecic Thomas C sold 6,500 shares at $44.89 on July 6, 2016. The Insider selling transaction had a total value worth of $291,785. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
AMETEK, Inc. (AMETEK) is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. AMETEK markets and sells its products through two groups: Electronic Instruments (EIG) and Electromechanical (EMG). The Companys EIG segment designs and manufactures advanced instruments for the process, aerospace, power and industrial markets. It offers process control instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor and factory automation industries. The Companys EMG segment offers electrical connectors and electronics packaging used in aerospace and defense, medical and industrial applications, as well as its advanced technical motor and motion control products, which are used in a range of medical devices, office and business equipment, factory automation, robotics and other applications.