Gentex Corp. (NASDAQ: GNTX) is 2.82% higher on its value in year-to-date trading and has touched a low of $25.85 and a high of $37.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GNTX stock was last observed hovering at around $33.51 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $33.58, the stock is -5.48% and -5.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 0.21% at the moment leaves the stock 2.80% off its SMA200. GNTX registered 23.87% gain for a year compared to 6-month gain of 7.42%.
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The stock witnessed a -7.37% loss in the last 1 month and extending the period to 3 months gives it a 3.01%, and is -3.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.59% over the week and 1.52% over the month.
Gentex Corp. (GNTX) has around 6245 employees, a market worth around $7.77B and $2.30B in sales. Current P/E ratio is 18.36 and Fwd P/E is 13.65. Profit margin for the company is 18.36%. Distance from 52-week low is 29.90% and -10.63% from its 52-week high. The company has generated returns on investments over the last 12 months (18.25%).
The EPS is expected to grow by 15.71% this year
The shares outstanding are 231.46M, and float is at 230.93M with Short Float at 1.82%.
Gentex Corp. (GNTX) Insider Activity
The most recent transaction is an insider sale by Nash Kevin C, the company’s Chief Financial Officer. SEC filings show that Nash Kevin C sold 13,500 shares of the company’s common stock on Feb 20 ’24 at a price of $33.04 per share for a total of $0.45 million. Following the sale, the insider now owns 44321.0 shares.
Gentex Corp. disclosed in a document filed with the SEC on Feb 20 ’24 that Ryan Scott P (General Counsel) sold a total of 12,500 shares of the company’s common stock. The trade occurred on Feb 20 ’24 and was made at $35.00 per share for $0.44 million. Following the transaction, the insider now directly holds 28949.0 shares of the GNTX stock.
Still, SEC filings show that on Feb 09 ’24, GOODE GARY F (Director) disposed off 7,000 shares at an average price of $35.02 for $0.25 million. The insider now directly holds 29,180 shares of Gentex Corp. (GNTX).
