Trex Company Inc. (TREX) Plunges 5.24% on March 20

Trex Company Inc. (TREX) Plunges 5.24% on March 20

Trex Company Inc. (TREX) had a rough trading day for Wednesday March 20 as shares tumbled 5.24%, or a loss of $-3.63 per share, to close at $65.59. After opening the day at $68.91, shares of Trex Company Inc. traded as high as $68.91 and as low as $65.14. Volume was 931,427 shares over 8,937 trades, against an average daily volume of n/a shares and a total float of 58.51 million.

As a result of the decline, Trex Company Inc. now has a market cap of $3.84 billion. In the last year, shares of Trex Company Inc. have traded between a range of $90.74 and $50.88, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders.

Trex Company Inc. is based out of Winchester, VA and has some 1,214 employees. Its CEO is James E. Cline.

error: Content is protected !!