Gentex Corporation (GNTX) : Traders are bullish on Gentex Corporation (GNTX) as it has outperformed the S&P 500 by a wide margin of 10.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.46%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.4% in the last 1 week, and is up 14.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.94% and the 50-Day Moving Average is 10.28%. Gentex Corp. is up 10.81% in the last 3-month period. Year-to-Date the stock performance stands at 12.25%.
Gentex Corporation (NASDAQ:GNTX): The stock was completely flat for the day, closing at $17.67 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $17.65, the stock touched an intraday high of $17.76 and a low of $17.53. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $17.67. The total trading volume on Friday was 2,243,254.
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.