Today's Research Reports on Trending Tickers: Amphenol and Tilray
NEW YORK, NY / ACCESSWIRE / January 23, 2019 / U.S. markets declined on Tuesday, breaking a streak of four consecutive days in the green, on growing trade concerns. Stocks were pressured lower on reports that U.S. officials turned down an offer from China to hold a preliminary meeting on trade negotiations, which was later denied by White House adviser Larry Kudlow. The Dow Jones Industrial Average plunged 1.22 percent to settle at 24,404.48, while the S&P 500 shed 1.42 percent to close at 2,632.90. The Nasdaq ended 1.91 lower to settle at 7,020.36.
“Traders are looking at headlines saying that the U.S. and China aren’t making progress on intellectual property, that China is pushing ahead with its ‘Made in China 2025’ strategy,” and there a slowdown in global growth, said Michael O’Rourke, chief market strategist at JonesTrading.
The Market Wealth Report Initiates Coverage on:
Amphenol Corporation
https://marketwealthreport.com/report/APH/
Tilray, Inc.
https://marketwealthreport.com/report/TLRY/
Amphenol’s stock moved 1.6% lower Tuesday, to close the day at $81.17. The stock recorded a trading volume of 1,725,204 shares, which was below its three months average volume of 1,791,291 shares. In the last year, Amphenol’s shares have traded in a range of 74.95 - 97.56. The share price has gained 8.3% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $81.29 is below its 200-day moving average of $88.60. Shares of the company are trading at a Price to Earnings ratio of 33.51. Shares of Amphenol have gained roughly 5.05 percent in the past month and are up 0.19 percent year-to-date.
Access The Market Wealth's Amphenol Corporation Research Report:
https://marketwealthreport.com/report/APH/
On Tuesday, shares of Tilray recorded a trading volume of 4,508,269 shares, which was above the three months average volume of 2,993,429 shares. The stock ended the day 5.7% lower at $72.80. The share price has fallen 75.73% from its 52 week high with a 52 week trading range of 20.10 - 300.00. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $81.44 is below its 200-day moving average of $88.50. Shares of Tilray have fallen roughly 2.76 percent in the past month and are up 3.2 percent year-to-date.
Access The Market Wealth's Tilray, Inc. Research Report:
https://marketwealthreport.com/report/TLRY/
Our Actionable Research on Amphenol Corporation (NYSE:APH) and Tilray, Inc. (NASDAQ:TLRY) can be downloaded free of charge at The Market Wealth Report.
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SOURCE: The Market Wealth Report
