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Gentex (GNTX) Surges: Stock Moves 7% Higher
Gentex Corporation (GNTX - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 10.8%.
The move came after the company reported solid third-quarter 2018 results.
The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Gentex currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Gentex Corporation Price
Gentex Corporation Price | Gentex Corporation Quote
A better-ranked stock in the Automotive – Original Equipment industry is AB Volvo (publ) (VLVLY - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is GNTX going up? Or down? Predict to see what others think:Up or Down
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