TREX Co., Inc’s filing revealed 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 $86136.6.
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 $1.24 million.
Deutsche Bank initiated its TREX Co., Inc [TREX] rating to a Buy in a research note published on April 01, 2025; the price target was $85. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “an Equal-weight”. Loop Capital also remained covering TREX and has decreased its forecast on August 07, 2024 with a “Hold” recommendation from previously “Buy” rating. JP Morgan revised its rating on December 14, 2023. It rated TREX as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of TREX
On Tuesday, TREX Co., Inc [NYSE:TREX] saw its stock fall -4.82% to $50.52. Over the last five days, the stock has lost -13.58%. TREX Co., Inc shares have fallen nearly -26.81% since the year began. Nevertheless, the stocks have fallen -47.56% over the past one year. While a 52-week high of $97.69 was reached on 01/27/25, a 52-week low of $50.35 was recorded on 04/08/25. SMA at 50 days reached $62.19, while 200 days put it at $68.44.
Levels Of Support And Resistance For TREX Stock
The 24-hour chart illustrates a support level at 48.84, which if violated will result in even more drops to 47.17. On the upside, there is a resistance level at 53.28. A further resistance level may holdings at 56.05. The Relative Strength Index (RSI) on the 14-day chart is 29.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.69%. Stochastics %K at 20.02% indicates the stock is a holding.
How much short interest is there in TREX Co., Inc?
A steep rise in short interest was recorded in TREX Co., Inc stocks on 2025-03-14, dropping by -0.14 million shares to a total of 6.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.51 million shares. There was a decline of -2.18%, which implies that there is a negative sentiment for the stock.
