Amphenol Corporation (APH) : Wednesdays money flow analysis of Amphenol Corporation (APH) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $0.79 million. In comparison, the inflow of money on upticks was a meager $0.37 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.42 million. The uptick to downtick ratio of 0.46 in the money flow shows weakness. The downtick transaction value was high at $0.1 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0.1 million). Amphenol Corporation (APH) gained $0.05 at $58.61, a change of 0.09% over the previous days close.
Amphenol Corporation (NYSE:APH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.60 and $58.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $60.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.18, notching a gain of 1.06% for the day. The total traded volume was 2,692,148 . The stock had closed at $58.56 on the previous day.
The stock has recorded a 20-day Moving Average of 2.97% and the 50-Day Moving Average is 2.86%. In a related news, Walter Luc, officer (SR VP & GGM EUR MIL & AERO OPS) of Amphenol Corp /De/, unloaded 65,000 shares at an average price of $59.98 on June 9, 2016. The total amount of the transaction was worth $3,898,700, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.