Gentex Corp. (GNTX) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $29.17 and $30.70 in the past one-month time frame.
The company has seen 6 positive revisions in the last 2 months and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Gentex. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Gentex currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Investors interested in the auto/truck-original industry may also consider stocks like Federal-Mogul Corporation (FDML), GKN plc (GKNLY) and Tower International, Inc. (TOWR). While Federal-Mogul and GKN hold a Zacks Rank #1 (Strong Buy), Tower International carries a Zacks Rank #2 (Buy).
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