DJ Ametek Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Ametek Inc. $(AME)$ inched 0.61% higher to $195.56 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
The stock's rise snapped a four-day losing streak.
Ametek Inc. closed $2.77 below its 52-week high ($198.33), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 0.88% to $133.77, Amphenol Corp. Cl A $(APH)$ rose 0.59% to $73.08, and Mettler-Toledo International Inc. $(MTD)$ rose 0.61% to $1,258.88.
Trading volume (1.1 M) remained 229,098 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 16:56 ET (21:56 GMT)
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