Electronics Stocks on Investors' Radar -- Corning, Plug Power, TE Connectivity, and Amphenol
NEW YORK, March 30, 2017 /PRNewswire/ --
Companies in the Diversified Electronics space design, develop, and market a variety of electronics components used not just in electronics products, but also in construction. Pre-market today, Stock-Callers.com presents for review Corning Inc. (NYSE: GLW), Plug Power Inc. (NASDAQ: PLUG), TE Connectivity Ltd (NYSE: TEL), and Amphenol Corp. (NYSE: APH). Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
Corning
On Wednesday, shares in New York headquartered Corning Inc. saw a slight drop of 0.25%, ending the day at $27.48. The stock recorded a trading volume of 3.47 million shares. The Company's shares have advanced 10.81% over the previous three months and 13.87% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.31% and 16.21%, respectively. Moreover, shares of Corning, which manufactures and sells specialty glasses, ceramics, and related materials in North America, Asia/Pacific, Europe, and internationally, have a Relative Strength Index (RSI) of 53.66.
On March 14th, 2017, Corning announced that it was recently recognized by the 2017 Lightwave Innovation Reviews for its MiniXtend® cable with binderless* FastAccess® technology. Presented annually by Lightwave, the Lightwave Innovation Reviews program distinguishes top products and solutions available within the optical networking industry as determined by a panel of third-party judges.
On March 14th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. GLW complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=GLW
Plug Power
Shares in Latham, New York headquartered Plug Power Inc. ended the day 1.33% lower at $1.48 with a total trading volume of 5.27 million shares. In the last month and the previous three months, the stock has gained 37.04% and 13.85%, respectively. Additionally, the Company's shares have advanced 23.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 33.29% and 2.01%, respectively. Furthermore, shares of Plug Power, which engages in the design, development, commercialization, and manufacture of hydrogen fuel cell systems primarily for the material handling and stationary power markets in the US, have an RSI of 73.98.
On March 09th, 2017, Plug Power announced 2016 financial results and reiterated its full-year 2017 outlook. Q4 2016 GAAP revenue was $32.6 million and full-year 2016 GAAP revenue was $85.9 million. GAAP gross margin was $3.0 million and $3.9 million for Q4 and full-year 2016, respectively. The complimentary report on PLUG can be downloaded at:
http://stock-callers.com/registration/?symbol=PLUG
TE Connectivity
At the close of trading on Wednesday, shares in Schaffhausen, Switzerland-based TE Connectivity Ltd finished 0.61% lower at $74.57 with a total trading volume of 989,362 shares. The stock has advanced 0.13% in the last one month, 5.70% over the previous three months, and 7.64% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.22% and 13.00%, respectively. Additionally, shares of TE Connectivity, which together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions in the Americas, Europe, Middle East, Africa, and Asia/Pacific, have an RSI of 48.24.
On March 13th, 2017, TE Connectivity has again been recognized by the Ethisphere Institute as one of the 2017 World's Most Ethical Companies®. This is the third consecutive year that TE has earned this recognition. Sign up for your complimentary research report on TEL at:
http://stock-callers.com/registration/?symbol=TEL
Amphenol
Wallingford, Connecticut headquartered Amphenol Corp.'s shares recorded a trading volume of 1.12 million shares at the end of yesterday's session. The stock closed the day 0.01% lower at $71.31. The Company's shares have advanced 3.26% in the past month, 4.58% in the last three months, and 6.35% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.04% and 10.41%, respectively. Additionally, shares of Amphenol, which together with its subsidiaries, engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors worldwide, have an RSI of 62.20.
On March 02nd, 2017, research firm RBC Capital Markets reiterated its 'Top Pick' rating on the Company's stock with an increase of the target price from $71 a share to $75 a share.
On March 22nd, 2017, Amphenol announced that it has received notice of an unsolicited "mini-tender" offer by TRC Capital Corporation. Amphenol does not endorse the offer and recommends that stockholders not tender their shares. Stockholders who have already tendered their shares may withdraw them at any time prior to 12:01 a.m., New York City time, on April 19th, 2017, in accordance with TRC Capital's offering documents. Get free access to your research report on APH at:
http://stock-callers.com/registration/?symbol=APH
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