Amphenol Reaches New 52-Week High (APH)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Amphenol (NYSE: APH) hit a new 52-week high Friday as it is currently trading at $63.11, above its previous 52-week high of $62.82 with 99,760 shares traded as of 10:29 a.m. ET. Average volume has been 794,200 shares over the past 30 days.

Amphenol has a market cap of $9.86 billion and is part of the technology sector and electronics industry. Shares are up 37.5% year to date as of the close of trading on Thursday.

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 19.7, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Amphenol as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share 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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