Shares of Amphenol Corporation (NYSE:APH) traded today at $71.05, eclipsing its 52-week high. This new high was reached on below average trading volume as 720,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.
Amphenol is a leading designer and manufacturer of electrical, electronic, and fiber-optic connectors and interconnect systems, sensors, and cable. The firm sells into a broad array of industries, including the automotive, industrial, communications, military, and mobile device markets, and no single market makes up more than 25% of the firm’s total annual revenue.
Over the past year, Amphenol Corporation has traded in a range of $47.08 to $71.05 and is now at $69.83, 48% above that low.
Amphenol Corporation (NYSE:APH) defies analysts with a current price ($69.83) 7.4% above its average consensus price target of $64.68.
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