TREX Co., Inc’s recent filing unveils that its Director McDuffie Melkeya unloaded Company’s shares for reported $87872.0 on Feb 28 ’25. In the deal valued at $61.88 per share,1,420 shares were sold. As a result of this transaction, McDuffie Melkeya now holds 1,705 shares worth roughly $99265.09999999999.
Then, McDuffie Melkeya bought 1,420 shares, generating $87,872 in total proceeds.
Before that, Rudolph Jacob T. bought 49 shares. TREX Co., Inc shares valued at $2,821 were divested by the SVP, CHRO at a price of $57.58 per share. As a result of the transaction, Rudolph Jacob T. now holds 24,510 shares, worth roughly $1.43 million.
Stephens downgraded its TREX Co., Inc [TREX] rating to an Equal-weight from a an Overweight in a research note published on August 07, 2024; the price target was decreased to $72 from $115. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. JP Morgan also remained covering TREX and has increased its forecast on December 14, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. Barclays revised its rating on December 13, 2023. It rated TREX as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of TREX
On Tuesday, TREX Co., Inc [NYSE:TREX] saw its stock fall -2.27% to $58.22. Over the last five days, the stock has lost -6.70%. TREX Co., Inc shares have fallen nearly -15.66% since the year began. Nevertheless, the stocks have fallen -36.55% over the past one year. While a 52-week high of $100.77 was reached on 01/27/25, a 52-week low of $58.68 was recorded on 03/04/25. SMA at 50 days reached $68.65, while 200 days put it at $71.95.
Levels Of Support And Resistance For TREX Stock
The 24-hour chart illustrates a support level at 56.56, which if violated will result in even more drops to 54.90. On the upside, there is a resistance level at 59.63. A further resistance level may holdings at 61.05. The Relative Strength Index (RSI) on the 14-day chart is 27.70, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.13%. Stochastics %K at 12.99% indicates the stock is a buying.
The most recent change occurred on December 12, 2023 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating.
