Trex Company, Inc. (TREX) Forms $114.24 Double Top; Taitron Components Class A (TAIT) Shorts Increased By 8.94%

Trex Company, Inc. (TREX) formed double top with $124.52 target or 9.00% above today’s $114.24 share price. Trex Company, Inc. (TREX) has $3.36B valuation. The stock increased 3.76% or $4.14 during the last trading session, reaching $114.24. About 260,865 shares traded or 5.64% up from the average. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since January 21, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Taitron Components Incorporated Class A (NASDAQ:TAIT) had an increase of 8.94% in short interest. TAIT’s SI was 13,400 shares in January as released by FINRA. Its up 8.94% from 12,300 shares previously. With 111,200 avg volume, 0 days are for Taitron Components Incorporated Class A (NASDAQ:TAIT)’s short sellers to cover TAIT’s short positions. The SI to Taitron Components Incorporated Class A’s float is 0.44%. The stock decreased 0.60% or $0.01 during the last trading session, reaching $1.66. About 13,511 shares traded. Taitron Components Incorporated (NASDAQ:TAIT) has risen 43.99% since January 21, 2017 and is uptrending. It has outperformed by 27.29% the S&P500.

Investors sentiment increased to 3 in Q3 2017. Its up 1.50, from 1.5 in 2017Q2. It improved, as 1 investors sold Taitron Components Incorporated shares while 1 reduced holdings. 4 funds opened positions while 2 raised stakes. 622,010 shares or 11.83% more from 556,212 shares in 2017Q2 were reported. Blackrock holds 800 shares. Citadel Advsrs Limited Liability Com, a Illinois-based fund reported 10,555 shares. Carroll Financial, a North Carolina-based fund reported 100 shares. Thompson Davis Company has invested 0% of its portfolio in Taitron Components Incorporated (NASDAQ:TAIT). Renaissance Tech Limited Liability Corporation invested in 83,500 shares or 0% of the stock. The New York-based Virtu Limited Liability has invested 0% in Taitron Components Incorporated (NASDAQ:TAIT). 1 are held by Royal Bancorporation Of Canada. Noesis Mangement reported 465,000 shares. Germany-based Deutsche Fincl Bank Ag has invested 0% in Taitron Components Incorporated (NASDAQ:TAIT).

Taitron Components Incorporated engages in the supply of original designed and manufactured electronic components, and distribution of brand name electronic components. The company has market cap of $9.25 million. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. It currently has negative earnings. The firm also provides value-added engineering and turn-key services focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM services for their turn-key projects.

Analysts await Trex Company, Inc. (NYSE:TREX) to report earnings on February, 20. They expect $0.54 EPS, up 25.58% or $0.11 from last year’s $0.43 per share. TREX’s profit will be $15.88M for 52.89 P/E if the $0.54 EPS becomes a reality. After $0.68 actual EPS reported by Trex Company, Inc. for the previous quarter, Wall Street now forecasts -20.59% negative EPS growth.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.11, from 1.24 in 2017Q2. It increased, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. New York-based Goldman Sachs Gru Inc has invested 0% in Trex Company, Inc. (NYSE:TREX). Proshare Advsr Llc accumulated 0% or 2,606 shares. State Teachers Retirement Systems owns 0% invested in Trex Company, Inc. (NYSE:TREX) for 21,333 shares. U S Global Invsts has 0.53% invested in Trex Company, Inc. (NYSE:TREX) for 16,000 shares. Ahl Llp has invested 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). Dimensional Fund Advisors L P holds 880,531 shares or 0.03% of its portfolio. Sg Americas Secs reported 14,695 shares or 0.01% of all its holdings. Employees Retirement Association Of Colorado reported 7,141 shares. Legal General Gp Public Llc reported 57,596 shares. Driehaus Capital Mgmt Llc owns 8,793 shares for 0.03% of their portfolio. Morgan Stanley has 166,020 shares for 0% of their portfolio. Whittier Of Nevada Inc reported 0% stake. Millennium Mngmt Lc owns 4,003 shares or 0% of their US portfolio. 29,861 are owned by Barclays Public Limited Company. State Board Of Administration Of Florida Retirement System has invested 0% in Trex Company, Inc. (NYSE:TREX).

Since August 2, 2017, it had 0 insider buys, and 6 sales for $1.27 million activity. Shares for $150,854 were sold by FAIRBANKS BRYAN HORIX on Wednesday, August 2. $123,735 worth of Trex Company, Inc. (NYSE:TREX) was sold by GRATZ JAY M on Tuesday, January 16. $158,457 worth of Trex Company, Inc. (NYSE:TREX) was sold by MERLOTTI FRANK H JR on Tuesday, August 15. Another trade for 3,167 shares valued at $253,360 was made by Posey Richard E on Friday, August 4. The insider Gerhard Christopher Paul sold $312,392. 3,500 shares valued at $270,131 were sold by Gupp William R. on Wednesday, August 2.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co has $125 highest and $45 lowest target. $103.67’s average target is -9.25% below currents $114.24 stock price. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of TREX in report on Friday, December 8 with “Hold” rating. The rating was maintained by Wedbush with “Neutral” on Wednesday, October 19. The rating was initiated by Seaport Global Securities on Tuesday, November 22 with “Neutral”. FBR Capital downgraded it to “Mkt Perform” rating and $61 target in Tuesday, November 22 report. The firm earned “Outperform” rating on Friday, February 26 by FBR Capital. The stock of Trex Company, Inc. (NYSE:TREX) earned “Strong Buy” rating by CL King on Thursday, October 1. On Thursday, September 24 the stock rating was upgraded by Wedbush to “Outperform”. The stock has “Buy” rating by FBR Capital on Wednesday, January 3. The company was upgraded on Thursday, June 1 by Seaport Global. As per Thursday, July 13, the company rating was maintained by Stifel Nicolaus.