Shares in Corning, New York headquartered Corning Inc. ended Wednesday's session at $22.46, which was a slight decline of 0.53%. The stock recorded a trading volume of 11.54 million shares, which was above its three months average volume of 9.30 million shares. The Company's shares have gained 0.96% in the previous three months and 25.35% since the start of this year. The stock is trading 8.69% above its 200-day moving average. Moreover, shares of Corning, which manufactures and sells specialty glasses, ceramics, and related materials worldwide, have a Relative Strength Index (RSI) of 32.73.
On October 25th, 2016, Corning reported that Q3 2016 GAAP EPS was $0.26, up 73% from GAAP EPS of $0.15 in Q3 2015; core EPS was $0.42, up 24%, compared to Q3 2015. The company reported GAAP net sales of $2.51 billion for Q3 2016, up 6% compared to net sales of $2.27 billion for Q3 2015.
On October 26th, 2016, research firm Deutsche Bank reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $25 a share to $26 a share. See our free and comprehensive research report on GLW at:
New York headquartered Plug Power Inc.'s stock dropped 3.27%, closing the day at $1.48 with a total trading volume of 917,960 shares. Shares of the Company, which engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the US, are trading 6.78% below their 50-day moving average. The stock has an RSI of 37.65.
On October 27th, 2016, Plug Power confirmed that it will release the Company's Q3 2016 on November 7th, 2016. In conjunction with the press release, the Company will host a live conference call and webcast on the same day at 8:30 am ET. PLUG free research report PDF is just a click away at:
On Wednesday, shares in Switzerland-based TE Connectivity Ltd recorded a trading volume of 2.70 million shares, which was higher than their three months average volume of 1.38 million shares. The stock ended the day 0.58% lower at $62.92. The Company's shares have gained 8.24% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.11% and 4.53%, respectively. Furthermore, shares of TE Connectivity, which together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions primarily in Switzerland, have an RSI of 51.94.
On November 02nd, 2016, TE Connectivity reported net sales of $3.33 billion for Q4 FY16 compared to net sales of $2.98 billion for Q4 FY15, and diluted EPS from continuing operations of $1.22. Adjusted EPS were $1.27, cash flow from continuing operating activities was strong at $782 million, and free cash flow was a record $594 million. Excluding SubCom, total orders were $3.2 billion and the book-to-bill ratio was 1.03. Sign up for your complimentary report on TEL at:
Connecticut headquartered Amphenol Corp.'s stock declined 1.38%, finishing yesterday's session at $65.11. A total volume of 1.65 million shares was traded, which was above their three months average volume of 1.30 million shares. The Company's shares have advanced 1.26% in the last one month, 10.23% in the previous three months, and 25.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.06% and 12.20%, respectively. Additionally, shares of Amphenol, which together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide, have an RSI of 52.67.
On October 19th, 2016, Amphenol reported Q3 2016 GAAP diluted earnings per share (EPS) of $0.71 compared to $0.65 for Q3 2015. On an adjusted basis the company reported diluted EPS of $0.73. Sales for Q3 2016 were a record $1.636 billion compared to $1.460 billion for Q3 2015. The Company's Board of Directors has also approved an increase in quarterly dividend from $0.14 to $0.16 per share to be paid on or about January 5th, 2017 to holders of record of the Company's Class A Common stock as of December 13th, 2016.
On October 20th, 2016, research firm RBC Capital Markets reiterated its 'Top Pick' rating on the Company's stock with an increase of the target price from $68 a share to $69 a share. Register for free on Stock-Callers.com and download the latest research report on APH at:
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