Shares of Amphenol Corporation (APH) Sees Large Outflow of Money

Amphenol Corporation (APH) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.93 million) and the uptick to downtick ratio was 0.64. The transaction value on upticks was $10.46 million and on downticks, the transaction value was $16.4 million. In block trades, the transaction value of inflow done during uptick was $0.85 million. The transaction value of block trades during downticks was $5.71 million. The uptick to downtick block trade ratio was 0.15. The money flow was negative ($4.86 million), indicating the traders were booking profit on the price strength. Amphenol Corporation (APH) rose $0.07 at $56.11, during intraday Thursday , a rise of 0.12% over the previous days close.


Amphenol Corporation (APH) stock is expected to deviate a maximum of $2.34 from the average target price of $60.33 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 $57. The stock has recorded a 20-day Moving Average of 3.01% and the 50-Day Moving Average is 1.86%.

Amphenol Corporation (NYSE:APH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.04 and $55.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $56.11, notching a gain of 0.12% for the day. The total traded volume was 1,188,054 . The stock had closed at $56.04 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.

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