Company Shares of TE Connectivity Ltd. (NYSE:TEL) Rally 1.25%

TE Connectivity Ltd. (NYSE:TEL) : During the past 4 weeks, traders have been relatively bearish on TE Connectivity Ltd. (NYSE:TEL), hence the stock is down -7.75% 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 -0.03% relative to the S&P 500. The stock has risen by 1.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.26% in the past 4 weeks.

The company shares have dropped -8.03% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $67.99 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $59.25 and the 200 Day Moving Average price is recorded at $59.36.

The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 2.88%.


TE Connectivity Ltd. (NYSE:TEL): stock turned positive on Friday. Though the stock opened at $56.68, the bulls momentum made the stock top out at $57.75 level for the day. The stock recorded a low of $56.53 and closed the trading day at $57.53, in the green by 1.97%. The total traded volume for the day was 1,496,000. The stock had closed at $56.42 in the previous days trading.

In an insider trading activity,The director officer (Chairman & CEO) of Te Connectivity Ltd., Lynch Thomas J sold 87,958 shares at $61.45 on June 10, 2016. The Insider selling transaction had a total value worth of $5,405,019. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

TE Connectivity Ltd. (TE Connectivity) is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates its business through three segments: Transportation Solutions, which offers various products, including terminals and connector systems and components, relays, circuit protection devices, sensors, and application tooling, among others; Industrial Solutions, which include terminals and connector systems and components, heat shrink tubing, relays, wire and cable, and Communications Solutions, which include terminals and connector systems and components, circuit protection devices, antennas, relays and heat shrink tubing. It markets its products to manufacturers and distributors in a number of markets, which include automotive, industrial equipment and consumer devices.

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