Stock price performance of AMTEK, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 8.95% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.53% . Looking at the past 52 week period, the stock price is up at 13.63% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of AMTEK, Inc. has a negative value of -2.76 compared to overall market performance. The stock has recorded a 20-day Moving Average of 3.25% and the 50-Day Moving Average is 5.06%.The 200 Day SMA reached 8.55%
AMETEK, Inc. is having a Relative Strength Index of 59.88 which indicates the stock is not yet over sold or over bought based on the technical indicators. AMTEK, Inc. (NYSE:AME) has tumbled 0.58% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.88% in the last four weeks. The stocks have underperformed the S&P 500 by 0.7% during the past week but AMTEK, Inc. (NYSE:AME) it has outperformed the index in 4 weeks by 1.96%.
Company has reported several Insider transactions to the SEC, on Dec 19, 2016, Elizebeth R Varet (director) sold 4,000 shares at 49.22 per share price.On Aug 29, 2016, John Wesley Hardin (PRES. – ELECTRONIC INSTRUMENTS) sold 24,500 shares at 49.59 per share price.On Aug 19, 2016, Steven W Kohlhagen (director) sold 2,050 shares at 48.95 per share price.
AMETEK Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.55 EPS for the quarter. Analyst had a consensus estimate of $0.55. The company had revenue of $945.00 million for the quarter, compared to analysts expectations of $955.50 million. The companys revenue was down -5.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Dec 22, 2016 to Outperform, Raises Price Target to $ 57 from a previous price target of $47 .
AMTEK, Inc. (NYSE:AME) : On Friday heightened volatility was witnessed in AMTEK, Inc. (NYSE:AME) which led to swings in the share price. The stock opened for trading at $51.42 and hit $51.7 on the upside , eventually ending the session at $51.51, with a gain of 0.92% or 0.47 points. The heightened volatility saw the trading volume jump to 2,067,305 shares. The 52-week high of the share price is $52.825 and the company has a market cap of $11,921 million. The 52-week low of the share price is at $42.82 .
AMETEK is a leading global manufacturer of electric motors and electronic instruments. The company markets its products worldwide through two operating groups, the Electronic Instruments Group and the Electromechanical Group. EIG builds technologically advanced monitoring, sensing, calibration, and display devices for the aerospace, heavy vehicle and process industries. EMG manufactures air-moving electric motors for vacuum cleaners and other floor-care products, and produces of brushless air-moving motors for aerospace, mass-transit, and computer markets.