DJ Ametek Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Ametek Inc. $(AME)$ inched 0.83% higher to $197.38 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
Ametek Inc. hit a new 52-week high, surpassing its previous peak of $196.70, which the company achieved on November 13th.
The stock underperformed when compared to some of its competitors Friday, as Emerson Electric Co. $(EMR)$ rose 1.40% to $130.07, Amphenol Corp. Cl A $(APH)$ rose 1.43% to $74.29, and Mettler-Toledo International Inc. $(MTD)$ rose 1.77% to $1,217.97.
Trading volume (1.0 M) remained 227,744 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:55 ET (21:55 GMT)
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