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Trex Company Inc. (TREX-N)
NYSE:TREX
87.95
0.18
(0.21%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have expressed their concern that rising interest rates have negatively impacted the housing sector, including TREX Company Inc. Despite previously being a favored company for its high-quality products, TREX has experienced a significant decrease in stock value, falling over 15% since early August. However, there is optimism for a strong second half of 2023 following a successful investors' day event and promising forecasts. Overall, the sentiment is hopeful for a potential spike in TREX's stock value once the Federal Reserve stops hiking interest rates.
$64.560
Unknown
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Trex Company Inc.(TREX-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Trex Company Inc.(TREX-N) Frequently Asked Questions
What is Trex Company Inc. stock symbol?
Trex Company Inc. is a American stock, trading under the symbol TREX-N on the New York Stock Exchange (TREX). It is usually referred to as NYSE:TREX or TREX-N
Is Trex Company Inc. a buy or a sell?
In the last year, 1 stock analyst published opinions about TREX-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Trex Company Inc..
Is Trex Company Inc. a good investment or a top pick?
Trex Company Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Trex Company Inc..
Why is Trex Company Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Trex Company Inc. worth watching?
1 stock analyst on Stockchase covered Trex Company Inc. In the last year. It is a trending stock that is worth watching.
What is Trex Company Inc. stock price?
On 2024-04-18, Trex Company Inc. (TREX-N) stock closed at a price of $87.95.
Rising interest rates have hurt the housing sector. This includes TREX. He's long liked this company for its fine products. It's had a great year until early August. Since that peak, it's fallen over 15%. They had a great investors day a week ago and forecast a superb second half of 2023. When the Fed stops hiking interest rates, TREX will spike.