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Shares of Amphenol Corp-A Has Risen Above Previous 52-Week High

By David Diaz

Amphenol Corp-A (NYSE:APH) traded at a new 52-week high today of $104.56. This new high was reached on below average trading volume as 167,000 shares traded hands, while the average 30-day volume is approximately 993,000 shares.

Amphenol Corp-A (NYSE:APH) is currently priced 7.2% above its average consensus analyst price target of $96.92. The stock should discover initial support at its 50-day moving average (MA) of $95.53 and subsequent support at its 200-day MA of $90.18.

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.

Over the past year, Amphenol Corp-A has traded in a range of $74.95 to $104.56 and is now at $104.44, 39% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

SmarTrend is tracking the current trend status for Amphenol Corp-A and will alert subscribers who have APH in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows amphenol corp-a

Ticker(s): APH