Gentex Corporation (NASDAQ:GNTX) went up by 0.50% from its latest closing price when compared to the 1-year high value of $24.94 and move down -3.53%, while GNTX stocks collected +2.47% of gains with the last five trading sessions.
Gentex Corporation (NASDAQ:GNTX) Worth an Investment?
Gentex Corporation (NASDAQ: GNTX) scored price to earnings ratio above its average ratio, recording 14.88 times of increase in earnings at the present.
GNTX Market Performance
GNTX stocks went up by 2.47% for the week, with the monthly jump of 9.10% and a quarterly performance of 20.81%, while its annual performance rate touched -3.68%. The simple moving average for the period of the last 20 days is 4.82% for GNTX stocks with the simple moving average of 11.93% for the last 200 days.
Analysts’ Opinion on Gentex Corporation (NASDAQ:GNTX)
Many brokerage firms have already submitted their reports for GNTX stocks, with Longbow repeating the rating for GNTX shares by setting it to “Neutral”. The predicted price for GNTX socks in the upcoming period according to Longbow is $86 based on the research report published on February 5, 2019.
Jefferies, on the other hand, stated in their research note that they expect to see GNTX stock at the price of $24. The rating they have provided for GNTX stocks is “Hold” according to the report published on December 4, 2018.
B. Riley FBR, Inc. gave “Buy” rating to GNTX stocks, setting the target price at $29 in the report published on January 29, 2018.
GNTX Stocks 6.33% Far from 50 Day Moving Average
After a stumble in the market that brought GNTX to its low price for the period of the last 52 weeks, Gentex Corporation was unable to take a rebound, for now settling with -3.41% of loss for the given period.
The stock volatility was left at 1.91%, however, within the period of a single month, the volatility rate increased by 1.77%, while the shares surge at the distance of +10.56% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +13.05% upper at the present time.
In the course of the last 5 trading sessions, GNTX went up by +2.47%, which changed the moving average for the period of 200 days to the total of +5.38% of gains for the stock in comparison to the 20-day moving average settled at $23.10. In addition, Gentex Corporation saw 19.20% in overturn over the period of a single year with a tendency to cut further gains.
GNTX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Gentex Corporation (GNTX), starting from GOODE GARY F, who sold 6,955 shares at the price of $23.20 back on Apr 30. After this action, Rushing now owns 16,000 shares of Gentex Corporation, valued at $161,363 with the latest closing price.
GOODE GARY F, the Director of Gentex Corporation, sold 5,045 shares at the value of $23.20 during a trade that took place back on Apr 29, which means that GOODE GARY F is holding 16,000 shares at the value of $117,046 based on the most recent closing price.
GNTX Stock Fundamentals
The current profitability levels are settled at +27.70 for the present operating margin and +37.65 for gross margin. The net margin for Gentex Corporation stands at +23.88. Total capital return value is set at 25.47, while invested capital returns managed to touch 22.39. Equity return holds the value 23.00%, with 20.40% for asset returns.
The receivables turnover for Gentex Corporation is 8.25 with the total asset turnover at the value of 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.03.