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.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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