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Gentex Corp. (GNTX) may continue its upward journey
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Posted on 10/22/09 at 8:24am by Craig Jones
Shares of Gentex Corp. (NASDAQ: GNTX) are likely to continue its uptrend on Thursday.
The Gentex Corp. (GNTX) breached a new year high on Wednesday after the maker of rearview mirrors and fire protection products said its third-quarter profit jumped 58 percent on higher sales of its headlight and camera systems.
At $17.18, Gentex Corp. (GNTX) is trending nicely along its 20 days and 50 days moving average and is well above the deicisive 200 days moving average.
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