Technical Signal Analysis for Gentex Corp. (NASDAQ:GNTX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Gentex Corp. (NASDAQ:GNTX) for the period of 9-Day stands at 86.73% while the stochastic %D for the same period stands at 75.82%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Gentex Corp. (NASDAQ:GNTX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Hold” for Gentex Corp. (NASDAQ:GNTX) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indictor of a certain security, currently Gentex Corp. (NASDAQ:GNTX)’s 20-Day Bollinger Band indicates “Buy”.

Previous Day Activity Analysis

On the last trading day, Gentex Corp. (NASDAQ:GNTX) opened the session at $18.63 and after going up 1.99% closed at $18.93. The stock gained 0.3 points in the last trade.

Gentex Corp. (NASDAQ:GNTX)’s stock fluctuated in the range of $18.55 and $18.93 during the previous active session. Gentex Corp. (NASDAQ:GNTX) traded with the volume of 1.98 Million with average volume of 2.45 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.17 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.35 and 65.28 respectively.

Currently the Insider Ownership of the shares of Gentex Corp. (NASDAQ:GNTX) is at 2% and the shares outstanding are 283.52 Million.

Important Ratio Analysis

Some important ratios to consider here for Gentex Corp. (NASDAQ:GNTX) are discussed below:

Dividend yield of Gentex Corp. (NASDAQ:GNTX) stands at 2.11% whereas Price to Earnings P/E ratio stands at 15 while Forward P/E shows the value of 13.59.

The PEG ratio (Price to Earning to Growth) emits the value of 1.15. The Price to Sale P/S and Price to Book P/B shows the value of 3.07 and 2.71 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.01 and 17.03 correspondingly.

The Quick Ratio of Gentex Corp. (NASDAQ:GNTX) stands at 3.7 while the Current Ratio depicts the value of 4.4.

Return on Assets ROA of Gentex Corp. (NASDAQ:GNTX) is at 15.8% whereas, Return on Equity ROE and Return of Investment ROI of Gentex Corp. (NASDAQ:GNTX) stand at 18.9% and 16.6% respectively.

The payout ratio of Gentex Corp. (NASDAQ:GNTX) stands at 28.2%.

Stock Performance Analysis

The stock performance of Gentex Corp. (NASDAQ:GNTX) on the basis of 5 day trade show the jump of 4.64% whereas, the monthly performance of the stock shows increase of 9.42%.

The quarterly performance of the stock remained in red zone with the value of -1.82% while six month performance of the shares of Gentex Corp. (NASDAQ:GNTX) remained bearish with the count of -13.24%.

The yearly and YTD performance of Gentex Corp. (NASDAQ:GNTX) remained mix at 8.11% and -3.86%