Amphenol Stock Hits New 52-Week High (APH)

NEW YORK ( TheStreet) -- Amphenol (NYSE: APH) hit a new 52-week high Tuesday as it is currently trading at $58.25, above its previous 52-week high of $58.21 with 40,584 shares traded as of 10:19 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Amphenol has a market cap of $9.07 billion and is part of the technology sector and electronics industry. Shares are up 27.6% year to date as of the close of trading on Monday.

Amphenol Corporation designs, manufactures, and markets electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. The company has a P/E ratio of 18.6, above the average electronics industry P/E ratio of 18 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Amphenol as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Amphenol Ratings Report.

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