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 $71.34, above its previous 52-week high of $71.31 with 243,188 shares traded as of 12:44 p.m. ET. Average volume has been 646,200 shares over the past 30 days.

Amphenol has a market cap of $11.29 billion and is part of the technology sector and electronics industry. Shares are up 9.2% 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 20.8, 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 good cash flow from operations. 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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