Gentex Corporation (NASDAQ:GNTX) went down by -3.13% from its latest closing price when compared to the 1-year high value of $31.27 and move down -50.92%, while GNTX stocks collected -6.24% of loss with the last five trading sessions. Press Release reported on 03/09/20 that Gentex Announces 4% Increase in Quarterly Cash Dividend
Gentex Corporation (NASDAQ:GNTX) Worth an Investment?
Gentex Corporation (NASDAQ: GNTX) scored price to earnings ratio above its average ratio, recording 12.47 times of increase in earnings at the present.
GNTX Market Performance
GNTX stocks went down by -6.24% for the week, with the monthly drop of -26.32% and a quarterly performance of -28.33%, while its annual performance rate touched 2.57%. The simple moving average for the period of the last 20 days is -16.05% for GNTX stocks with the simple moving average of -24.17% for the last 200 days.
Analysts’ Opinion on Gentex Corporation (NASDAQ:GNTX)
Many brokerage firms have already submitted their reports for GNTX stocks, with Jefferies repeating the rating for GNTX shares by setting it to “Buy”. The predicted price for GNTX socks in the upcoming period according to Jefferies is $37 based on the research report published on January 6, 2020.
Guggenheim, on the other hand, stated in their research note that they expect to see GNTX stock at the price of $29. The rating they have provided for GNTX stocks is “Buy” according to the report published on October 16, 2019.
Longbow gave “ Neutral” rating to GNTX stocks, setting the target price at $29 in the report published on February 5, 2019.
GNTX Stocks -26.20% 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 -33.74% of loss for the given period.
The stock volatility was left at 5.95%, however, within the period of a single month, the volatility rate increased by 8.03%, while the shares sank at the distance of -25.95% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -31.32% lower at the present time.
In the course of the last 5 trading sessions, GNTX went down by -6.24%, which changed the moving average for the period of 200 days to the total of -13.41% of losses for the stock in comparison to the 20-day moving average settled at $24.32. In addition, Gentex Corporation saw -28.50% in overturn over the period of a single year with a tendency to cut further losses.
GNTX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Gentex Corporation (GNTX), starting from Wallace James H, who sold 12,000 shares at the price of $30.06 back on Feb 03. After this action, Rushing now owns 21,803 shares of Gentex Corporation, valued at $360,680 with the latest closing price.
GOODE GARY F, the Director of Gentex Corporation, sold 9,414 shares at the value of $28.10 during a trade that took place back on Oct 28, which means that GOODE GARY F is holding 20,403 shares at the value of $264,543 based on the most recent closing price.
GNTX Stock Fundamentals
The current profitability levels are settled at +26.28 for the present operating margin and +37.03 for gross margin. The net margin for Gentex Corporation stands at +22.58. Equity return holds the value 22.00%, with 19.60% for asset returns.