TE Connectivity Ltd. (TEL) : TE Connectivity Ltd. (TEL) had a healthy money flow of $4.98 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $17.11 million, whereas, investors only sold shares worth $12.13 million on downticks. The stock closed the day with an up-down ratio of 1.41.The money flow in the block trades to the tune of $5.08 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $6.05 million worth of transactions were on upticks. A paltry $0.97 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 6.25. TE Connectivity Ltd. (TEL) stock slid $0.35 intraday and traded at 59.71, a change of -0.58% over previous days close. However, for the week, the company shares are 3.79% compared to previous weeks close.
TE Connectivity Ltd. has dropped 6.18% during the last 3-month period . Year-to-Date the stock performance stands at -7.58%. Shares of TE Connectivity Ltd. appreciated by 2.58% during the last five trading days but lost 0.95% on a 4-week basis. In a related news, Lynch Thomas J, director officer (Chairman & CEO) of Te Connectivity Ltd., unloaded 87,958 shares at an average price of $61.45 on June 10, 2016. The total amount of the transaction was worth $5,405,019, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
TE Connectivity Ltd. (NYSE:TEL): On Mondays trading session , Opening price of the stock was $59.84 with an intraday high of $60.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $59.66. However, the stock managed to close at $59.71, a loss of 0.58% for the day. On the previous day, the stock had closed at $60.06. The total traded volume of the day was 1,691,205 shares.
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.