Gentex Corporation (GNTX) : Analyst Rating Update

Gentex Corporation (GNTX) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Gentex Corporation (GNTX) : Average target price received by Gentex Corporation (GNTX) is $16.86 with an expected standard deviation of $4.18. The most aggressive target on the stock is $21, whereas the most downbeat target is $11. 7 financial analysts are currently covering the stock.

Gentex Corporation (NASDAQ:GNTX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.91 and $14.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.00, notching a gain of 0.33% for the day. The total traded volume was 4,284,338 . The stock had closed at $14.95 on the previous day.

The company shares have dropped -6.39% from its 1 Year high price. On Nov 30, 2015, the shares registered one year high at $16.91 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $15.92 and the 200 Day Moving Average price is recorded at $15.29.

Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. The Companys business involves designing, developing, manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. It also designs, develops and manufactures various electronics features that are additive to the interior and exterior automotive rearview mirrors as well as interior visors and overhead consoles. The Company ships its product to all of the automotive producing regions across the world.

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