Trex Stock Hits New 52-Week High (TREX)
NEW YORK (TheStreet) -- Trex Company (NYSE:TREX) hit a new 52-week high Wednesday as it is currently trading at $33, above its previous 52-week high of $32.94 with 74,193 shares traded as of 12:28 p.m. ET. Average volume has been 190,700 shares over the past 30 days.
Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking and railing applications in the United States.
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TheStreet Ratings rates Trex as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Trex Ratings Report.