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Amphenol Corp-A: 52-Week High Recently Eclipsed (APH)

By Amy Schwartz

Amphenol Corp-A (NYSE:APH) traded at a new 52-week high today of $81.17. So far today approximately 65,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company's products are used in a variety of industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics.

Amphenol Corp-A share prices have moved between a 52-week high of $81.17 and a 52-week low of $55.13 and are now trading 47% above that low price at $80.99 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

Amphenol Corp-A (NYSE:APH) defies analysts with a current price ($80.99) 6.6% above its average consensus price target of $75.64. Amphenol Corp-A shares have support at the 50-day moving average (MA) of $56.78 and additional support at the 200-day MA of $53.45.

SmarTrend recommended that subscribers consider buying shares of Amphenol Corp-A on July 19th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $75.35. Since that recommendation, shares of Amphenol Corp-A have risen 7.4%. We continue to monitor APH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows amphenol corp-a

Ticker(s): APH