One of the S&P 500’s big losers for Thursday January 07 was TE Connectivity (TEL). The company’s stock fell 4.85% to $59.07 on volume of 2.6 million shares.
The stock opened the day at 60.77 and traded between a low of $58.87 and a high of $61.04. The stock finished the day down $3.01 per share. TE Connectivity has an average daily volume of 2.44 million and a total float of 386.31 million shares. The 50-day SMA for TE Connectivity is $65.17 and its 200-day SMA is $64.68. The high for the stock over the last 52 weeks is $73.73 and the low is $54.32.
TE Connectivity Ltd designs and manufactures electronic products that connect and protect the flow of power and data.
TE Connectivity is centered in Schaffhausen, , and has 72,000 employees. Today’s trading day leaves the company with a market cap of $22.82 billion. The company has a P/S ratio of n/a, P/B ratio of 2.38, and a 42.7.
For a complete fundamental analysis analysis of TE Connectivity, check out Equities.com’s Stock Valuation Analysis report for TEL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.
While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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