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Trex Rises On Unusually High Volume (TREX)

NEW YORK ( TheStreet) -- Trex Company (NYSE: TREX) is trading at unusually high volume Monday with 803,820 shares changing hands. It is currently at 6.5 times its average daily volume and trading up $2.82 (+10.6%) at $29.49 as of 2:07 p.m. ET.

Trex has a market cap of $392.3 million and is part of the industrial goods sector and materials & construction industry. Shares are up 11.3% year to date as of the close of trading on Friday.

Trex Company, Inc. manufactures and distributes wood/plastic composite products primarily for residential and commercial decking and railing applications in the United States. It offers wood-alternative decking, railing, fencing, and trim products under the Trex brand name.

TheStreet Ratings rates Trex as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Trex Ratings Report.

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