Amphenol Corporation (APH) : Traders are bullish on Amphenol Corporation (APH) as it has outperformed the S&P 500 by a wide margin of 1.17% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.8% in the last 1 week, and is up 2.22% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.78% and the 50-Day Moving Average is 3.21%. Amphenol Corporation (NYSE:APH): stock turned positive on Friday. Though the stock opened at $60.29, the bulls momentum made the stock top out at $60.51 level for the day. The stock recorded a low of $60.21 and closed the trading day at $60.4, in the green by 0.03%. The total traded volume for the day was 765,344. The stock had closed at $60.38 in the previous days trading.
The company Insiders own 2.92% of Amphenol Corporation shares according to the proxy statements. Institutional Investors own 97.21% of Amphenol Corporation shares.
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.