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Ametek (AME) on June 3, 2025, saw a trading volume of $375 million, marking a 74.51% increase from the previous day. The stock closed with a 0.79% gain, placing it at the 251st position in terms of trading volume for the day.
In the first quarter of 2025, electronic products manufacturer
(NYSE:AME) reported revenue that fell short of market expectations, with sales remaining flat year over year at $1.73 billion.On Monday, Ametek's shares crossed below their 200-day moving average of $176.78, trading as low as $174.88 per share.
Wall Street Zen upgraded Ametek from a "hold" rating to a "buy" rating in a report on May 12th. This upgrade reflects a positive outlook on the company's future performance.
Despite macroeconomic headwinds, Ametek is benefiting from tailwinds in 5G and automation, positioning the company for growth in the coming quarters.
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