TE Connectivity Ltd (NYSE:TEL) currently has a daily average trading volume of 1.72M but it saw 1109814 shares traded in last market. With a market cap of 45.40B USD, the company’s current market price of $149.38 came rising about 2.37 while comparing to the previous closing price of $145.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $159.98 and as low as $115.00. In the recent trading on the day, stock has struck highest price mark of $148.5 while lowest mark touched by it was $150.22.
Taking a look at 20-day trading activity of TE Connectivity Ltd (TEL) gives us an average price of $148.15, while its current price level is -6.63% below from 52-week high level whereas it is 29.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $149.77 while that of 200 days or SMA-200 reads an average of $144.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.49% during that period while stretching the period over a month that increases to 1.71%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.84 which implies that the stock is in neutral territory.
HSBC Securities downgraded its recommendation for the stock as a “Hold” from “Buy” on July 24, 2024 while assigning a price target of $162. Vertical Research issued its recommendations for the stock as it initiated the price target for the stock is $155.
Over the week, TEL’s stock price is moving 3.65% up while it is -0.47% when we observe its performance for the past one month. Year-to-date it is 6.32% up and over the past year, the stock is showing an upside performance of 17.66%.
Currently, TE Connectivity Ltd’s total number of outstanding shares is 311.98M. Company’s return on investment (ROI) stands at 22.26% and return on equity (ROE) at 28.95%. It has a price to earnings ratio (P/E ratio) of 13.44 while having a 18.12 of forward P/E ratio. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 3.60 while price to sale or P/S ratio amounts to 2.87. Its return on asset (ROA) is 15.57% on average.
