Amphenol Stock Hits 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 $68.13, above its previous 52-week high of $68.08 with 129,604 shares traded as of 11 a.m. ET. Average volume has been 619,700 shares over the past 30 days.

Amphenol has a market cap of $10.82 billion and is part of the technology sector and electronics industry. Shares are up 4.3% 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 21, 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, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Amphenol Ratings Report.

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