Gentex Corporation (GNTX) Shares are Up 2.15%

Gentex Corporation (GNTX) : Traders are bullish on Gentex Corporation (GNTX) as it has outperformed the S&P 500 by a wide margin of 11.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.09%, 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 2.15% in the last 1 week, and is up 12.37% 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 4.32% and the 50-Day Moving Average is 10.5%. Gentex Corporation (NASDAQ:GNTX): On Fridays trading session , Opening price of the stock was $18.13 with an intraday high of $18.25. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.0463. However, the stock managed to close at $18.08, a loss of 0.60% for the day. On the previous day, the stock had closed at $18.19. The total traded volume of the day was 936,940 shares.


The company Insiders own 2.9% of Gentex Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.33% . Institutional Investors own 86.55% of Gentex Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -9.33%.

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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