Trex Company Inc. (NYSE:TREX) went down by -0.39% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Building Products & Equipment giant went up by $119.96 to trade ended Thursday trading at $120.43. This is down from the $120.43 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been positive, with TREX up by 33.47% year-to-date.
Trex Company Inc. (TREX) started the day trading at $120.9 and recorded an intraday high of $121.88. It also recorded an intraday low of $119.14 during Thursday’s trading session. Trex Company Inc. is a very active stock that recorded a trading volume that is less than -96.63% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 507522, which is less than -96.63 of the total average daily trading volume of 997.92K.
Trex Company Inc. (NYSE:TREX) 2020 Performance Impressive
The increase in TREX’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TREX currently stands at $132.84, which is higher than the current trading price of the stock by 9.7%. However, TREX’s current trading price is -113.38% lower than the 52-week low price of $56.22. In terms of trading volume, Trex Company Inc. currently experienced healthy participation during the last trading session. 507522 shares of Trex Company Inc. were traded on the stock exchange on Thursday, which is less than -96.63% of the 997.92K average trading volume of the stock.
The performance of the stock has been positive over the past year. TREX’s performance over the past one year has seen it surge by 78.06%, while the stock has gone up by 36.13% in the last six months. The quarterly performance of TREX currently stands at 72.98%, and it is up by 0.65% in the last month. The only positive figure was from the weekly performance, which currently reads 5.39%. At the time of writing TREX’s report, the company has a total market cap of $7.01B, making it one of the largest publicly-traded companies in the world.Trex Company Inc. also has over 1332 employees all over the world.
TREX Insider Activities
The insider transactions over the past six months are up by 1.80%.For Trex Company Inc. insiders bought 55,903 shares in 22 transactions. In that same period, insiders sold 91,365 of their shares in 61 transactions. After these transactions, insiders at Trex Company Inc. now hold 352.9k shares, which is over 107.90% of the total company stocks. Institutional investors currently hold a large chunk of the TREX shares, as they control 0.61% of the company’s total stock.
TREX Fundamental Analysis
For Trex Company Inc., the stock’s diluted earnings per share (EPS) stands at 2.66. In the coming year, analysts expect the EPS to be 2.90. The stock’s EPS growth this year is 8.30%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, Trex Company Inc.’s quarterly sales (YOY) is growing at 0.58, which is lower than the average annual revenue of 31.20% over the past half a decade.
The Return on Investment (ROI) on Trex Company Inc.’s stock currently stands at 31.90%, and it has a net profit margin of 20.30%. The operating margin of the company is 26.70%, and its gross margin is 42.70%.
TREX Analysts Prediction
Another analyst that has a Neutral rating for TREX is DA Davidson, which set a price target of between $102 and $104. and B. Riley FBR reiterate their Neutral position on the stock ($72 and $93).
TREX Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TREX currently stands at -0.51%, while the SMA50 is 12.88%. The biggest one is the SMA200, which is currently reading 27.57% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 56.57, while its price to earnings ratio (P/E) is 45.13.