Shares of Gentex Corporation (NASDAQ:GNTX) traded at a new 52-week high today of $37.88. So far today approximately 101,000 shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
Over the past year, Gentex Corporation has traded in a range of $30.40 to $37.88 and is now at $37.59, 24% above that low.
Based on a current price of $37.59, Gentex Corporation is currently 18.0% above its average consensus analyst price target of $30.81.
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue, and the company is constantly developing new applications for the technology to remain on top. Sales from 2020 totaled about $1.7 billion with 38.2 million mirrors shipped. The company is based in Zeeland, Michigan.
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