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Gentex (GNTX) in Focus: Stock Moves 7.7% Higher in Session

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Gentex Corp. (GNTX - Free Report) was a big mover last session, as the company saw its shares rise roughly 8% on the day. The stock moved up after the company announced encouraging second quarter 2016 results. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.71 to $16.35 over the past one month time frame.

This auto industry stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Gentex has a Zacks Rank #3 (Hold).

However, a better-ranked stock in the same space is Commercial Vehicle Group Inc. (CVGI - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

Is GNTX going up? Or down? Predict to see what others think: Up or Down

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