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Shares of Gentex Corp Has Risen Above Previous 52-Week High

By David Diaz

Gentex Corp (NASDAQ:GNTX) traded today at a new 52-week high of $25.41. So far today approximately 548,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.

Gentex Corp (NASDAQ:GNTX) is currently priced 9.1% above its average consensus analyst price target of $23.00. Gentex Corp shares have support at the 50-day moving average (MA) of $23.60 and additional support at the 200-day MA of $21.58.

In the past 52 weeks, shares of Gentex Corp have traded between a low of $14.66 and a high of $25.41 and are now at $25.31, which is 73% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

Gentex Corporation designs, manufactures, and markets products that use electro-optic technology. The Company's product lines include automatic-dimming rearview mirrors and fire protection products. Gentex's Night Vision Safety Mirror automatically darken to the degree required to eliminate rearview headlight glare. The Company sells its products around the world.

SmarTrend is monitoring the recent change of momentum in Gentex Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Gentex Corp in search of a potential trend change.

Keywords: 52 week high/lows gentex corp

Ticker(s): GNTX