Trex Stock Hits New 52-Week High (TREX)

NEW YORK ( TheStreet) -- Trex Company (NYSE: TREX) hit a new 52-week high Tuesday as it traded at $33.42 compared with its previous 52-Week high of $33.39. Trex is changing hands at $33.37 with 59,149 shares traded as of 10:32 a.m. ET. Average volume has been 164,000 shares over the past 30 days.

Trex has a market cap of $518.1 million and is part of the industrial goods sector and materials & construction industry. Shares are up 39.2% year to date as of the close of trading on Monday.

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

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