Gentex Corporation (GNTX) has risen sharply, recording gains of 1.19% in the past 4 weeks. However, the stock has corrected -0.67% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.4% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.11% and the fifty day Moving Average is 6.74%. Gentex Corp. is up 9.46% in the last three month period. Year-to-Date the stock performance stands at 13.58%.
Gentex Corporation (GNTX) : The highest short term price target forecast on Gentex Corporation (GNTX) is $21 and the lowest target price is $11. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $16.83 with a standard deviation of $4.58.
Gentex Corporation (NASDAQ:GNTX): On Fridays trading session , Opening price of the stock was $17.96 with an intraday high of $18.05. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $17.82. However, the stock managed to close at $17.88, a loss of 0.17% for the day. On the previous day, the stock had closed at $17.91. The total traded volume of the day was 1,507,434 shares.
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.